December 5, 2024, Calgary, Alberta, Chainwire
The EOS Network Foundation (ENF) is pleased to announce that Ceffu, Binance’s institutional management partner, now supports the EOS mainnet. This partnership provides institutional-level custodian services while also providing new CeDeFi opportunities for EOS token holders through Binance’s MirrorX integration.
Ceffu’s advanced custody infrastructure allows institutions to confidently secure their EOS assets using multi-party computation (MPC) and customizable permission schemes. MirrorX allows institutional fund managers to deploy CeDeFi strategies that leverage the best of both the CEX and DeFi worlds. By leveraging Binance’s liquidity and advanced trading mechanisms, EOS token holders have access to innovative yield solutions tailored to their institutional needs.
The inclusion of EOS in the Coinbase COIN50 Index, a global benchmark representing the top 50 digital assets listed on the Coinbase Exchange, demonstrates the ecosystem’s growing interest and popularity among institutions. This recognition highlights EOS’ position as a leading blockchain platform and key player in the cryptocurrency economy.
“The integration of Ceffu and EOS represents an important step in building the infrastructure needed to support large-scale institutional participation,” said Yves La Rose, Founder and CEO of EOS Network Foundation. “Through our partnership with Ceffu, we are creating a new path for institutions to securely participate in the EOS ecosystem and benefit from evolving opportunities.”
EOS has experienced significant performance improvements through community-approved token economics improvements. The new tokenomics strategy includes a dedicated funding bucket for middleware along with a live Unicove portal that streamlines the onboarding process and improves the user experience. Additionally, a staking rewards program distributing $450 million worth of EOS has been active for over 5 months, quadrupling EOS staking participation while extending token lock-up time from 4 to 28 days. These token economics initiatives are strengthening the EOS ecosystem as a whole, making it increasingly robust and attractive.
EOS Network
The EOS Network is a third-generation blockchain platform powered by EOS VM, a low-latency, high-performance, and scalable WebAssembly engine for deterministically executing near-fee transactions. It is purpose-built to provide an optimal Web3 user and developer experience. EOS is the flagship blockchain and financial center of the Antelope framework, serving as a driving force for multi-chain collaboration on tools and infrastructure and public goods financing through the EOS Network Foundation (ENF).
EOS Network Foundation
The EOS Network Foundation (ENF) was created with a vision for a prosperous and decentralized future. ENF is transforming Web3 through key stakeholder engagement, community programs, ecosystem funding, and open technology ecosystem support. Founded in 2021, ENF is the hub of the EOS network, a leading open source platform with a reliable suite of frameworks, tools, and libraries for blockchain deployments. Together, we are bringing innovation that our communities can build and work toward a stronger future for all.
About Sepu
Ceffu is a compliant, institutional-grade custody platform providing storage and liquidity solutions with ISO 27001 and 27701 certification and SOC2 Type 1 and Type 2 certification. Our multi-party computation (MPC) technology combined with a custom multi-permission scheme provides customized solutions for institutional clients to securely store and manage their digital assets. Institutions can also benefit from Ceffu’s secure gateway to a wide range of liquid products within other exchange ecosystems. Institutions can also benefit from Ceffu’s secure gateway to the world’s largest cryptocurrency exchanges through MirrorX, its over-the-counter payment solution.
contact
Tristan Dickinson
EOS Network Foundation
Tristan.dickinson@eosnetwork.com
Ceffu Joins Forces with EOS to Deliver Advanced Custody and CeDeFi Opportunities