Ceffu Partners with BNB Chain to Support Its Ecosystem with Institutional Custody
We’re excited to announce that Ceffu has joined the BNB Chain Kickstart program as its institutional custody partner to support projects looking to build or already building on BNB Chain with enterprise-grade custody services. Through this partnership, crypto projects can easily outsource the technical complexity of securing their digital assets with 100% discounted access to our cold storage solution, Qualified Wallet, so they can focus on doing what they do best: build.
“Institutional custody can be very difficult to access for smaller institutions and projects with more limited budgets given the high fees charged by some custodians. If we really want to achieve mass institutional adoption, we need to create an inclusive environment that reduces this high entry barrier and provides smaller companies and projects with the opportunities they need to secure and manage their digital assets efficiently and with peace of mind. Security is at the heart of everything we do at Ceffu, and we’re proud to help lower this barrier and win the trust of our clients as their institutional custodian of choice.” – Athena Yu, VP of Ceffu
How projects benefit from Ceffu’s Qualified Wallet
Powered by MPC technology
Our cold storage solution runs on multi-party computation (MPC) technology, which splits a private key into multiple private key shares that can communicate secure information without revealing any of the actual information – there is no single point of failure. In case of a security breach of one of the key shares, your account security remains intact.
Segregated on-chain address
All assets deposited in your Qualified Wallet are never commingled with other clients’ assets nor our own. The on-chain nature of our cold storage infrastructure provides full visibility that all movements going in and out of your wallet are your own.
Covered by cold storage insurance
Our Qualified Wallets are backed by insurance and have disaster recovery plans in place, providing confidence and reassurance that the assets in your Ceffu cold wallet are well protected.
“It’s an honor to add Ceffu’s custodial expertise to our roster of ecosystem partners. We strive to build an ecosystem that prioritizes education and mentorship to support bright developers and projects with the foundational tools that will help them succeed when building on BNB Chain. Security plays a crucial role in ensuring the long-term development of a project, and we’re happy to provide it with Ceffu as our partner.” – Zoe Wei, Head of Developer Relations, BNB Chain
Secure your crypto assets today
For more information on how to get started, please contact our designated Relationship Managers by filling out our institutional form.
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About BNB Chain
BNB Chain is a community-driven, decentralized and censorship-resistant blockchain, powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem. It is the world's largest smart contract blockchain in terms of transaction volume and daily active users. It has processed 3 billion transactions to date from 163 million unique addresses, bringing developers massive user access with ultra-low gas fees and zero downtime since inception. The ecosystem has more than 1,300 active dApps across multiple categories such as DeFi, Metaverse, blockchain games, NFT, and more.
For more information, visit www.bnbchain.org
About Ceffu
Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions that are ISO 27001 & 27701 certified and SOC Type 1 & Type 2 attested. Its multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their digital assets through its insured, segregated cold storage solution, Qualified Wallet. Institutions also benefit from Ceffu’s secure gateway to a wide range of liquidity products within the Binance ecosystem as Binance’s institutional custody partner.
Media contact: pr@ceffu.com
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