Calgary, Alberta, December 5, 2024, Chainwire
The EOS Network Foundation (ENF) is pleased to announce that Ceffthe institutional custody partner of binancenow supports EOS mainnet. This partnership provides institutional-grade custody services while unlocking new CeDeFi opportunities for EOS token holders through Binance’s MirrorX integration.
With Ceffu’s advanced custody infrastructure, institutions can confidently protect their EOS assets using multi-party computing (MPC) and customizable approval schemes. Through MirrorXInstitutional fund managers can implement CeDeFi strategies that leverage the best of the CEX and DeFi worlds. By leveraging Binance’s liquidity and advanced trading mechanisms, EOS token holders gain access to innovative yield solutions tailored to 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, highlights the growing interest and popularity of the ecosystem among institutions. This recognition underlines EOS’s position as a leading blockchain platform and key player in the crypto economy.
“The integration of Ceffu with EOS represents an important step in building the infrastructure necessary to support institutional engagement at scale,” said Yves La Rose, Founder and CEO of the EOS Network Foundation. “By partnering with Ceffu, we are creating new avenues for institutions to securely participate in the EOS ecosystem and benefit from its evolving opportunities.”
EOS has seen significant performance improvements driven by community-approved tokenomics improvements. The new tokenomics strategy includes a dedicated funding repository for middleware with Unicove running portal streamlining the onboarding process and improving the user experience. Additionally, a staking rewards program distributing EOS worth $450 million has been active for over five months and has increased EOS staking by 4x while extending the token’s lockup time. from 4 to 28 days. These tokenomics initiatives collectively strengthen the EOS ecosystem, showcasing its growing strength and attractiveness.
EOS Network
EOS Network is a third-generation blockchain platform powered by EOS VM, a low-latency, high-performance and extensible WebAssembly engine for near-feelless, deterministic transaction execution; Specifically designed to enable optimal experiences for Web3 users and developers. EOS is the flagship blockchain and financial center of the Antelope framework, serving as the driving force behind multi-chain collaboration and public goods funding for tools and infrastructure through the EOS Network Foundation (ENF).
EOS Network Foundation
The EOS Network Foundation (ENF) was forged through a vision of a prosperous, decentralized future. Through the engagement of our key stakeholders, community programs, ecosystem funding, and support for an open technology ecosystem, ENF is transforming Web3. Founded in 2021, ENF is the center of EOS Network, a leading open source platform with a set of stable frameworks, tools and libraries for blockchain implementations. Together, we bring innovations that our community builds and are committed to a stronger future for all.
About Ceffu
Ceffu is a standards-compliant, institutional-grade custody platform offering ISO 27001 and 27701 certified custody and liquidity solutions and SOC2 Type 1 and Type 2 certification. Our multi-party computing (MPC) technology, combined with a Customizable multiple approval, provides customized solutions that allow institutional clients to securely store and manage their digital assets. Institutions can also benefit from Ceffu’s secure gateway to a wide range of liquidity products within other exchanges’ ecosystems. Institutions can also benefit from Ceffu’s secure gateway to the world’s largest crypto exchange through MirrorX, our off-exchange settlement solution.
Contact
Tristan Dickinson
EOS Network Foundation
[email protected]
