Ceffu Joins Forces with EOS to Deliver Advanced Custody and CeDeFi Opportunities

[PRESS RELEASE – Calgary, Alberta, December 5th, 2024]

The EOS Community Basis (ENF) is happy to announce that Ceffu, the institutional custody accomplice of Binance, now helps the EOS mainnet. This partnership gives institutional-grade custodian providers whereas unlocking new CeDeFi alternatives for EOS token holders by Binance’s MirrorX integration.

With Ceffu’s superior custody infrastructure, establishments can confidently safe their EOS belongings utilizing multi-party computation (MPC) and customizable approval schemes. By means of MirrorX, institutional fund managers can deploy CeDeFi methods that leverage the perfect of each CEX and DeFi worlds. By leveraging Binance’s liquidity and superior buying and selling mechanisms, EOS token holders acquire entry to modern yield options tailor-made to institutional wants.

EOS inclusion within the Coinbase COIN50 Index, a world benchmark representing the highest 50 digital belongings listed on Coinbase Alternate highlights the rising curiosity and recognition of the ecosystem in the direction of establishments. This recognition underscores EOS’s place as a number one blockchain platform and a key participant within the crypto financial system.

“Ceffu’s integration with EOS represents an necessary step in constructing the infrastructure essential to assist institutional engagement at scale,” mentioned Yves La Rose, Founder & CEO, EOS Community Basis. “By partnering with Ceffu, we’re creating new pathways for establishments to securely take part within the EOS ecosystem and profit from its evolving alternatives.”

EOS has skilled vital efficiency enhancements pushed by group permitted tokenomics enhancements. The brand new tokenomics strategy features a devoted funding bucket for middleware with the executed Unicove portal streamlining the onboarding course of and enhancing consumer expertise. Moreover, a staking rewards program distributing $450 million {dollars} value of EOS has been lively for over 5 months and has elevated EOS staking participation by 4x whereas concurrently extending the token lockup time from 4 to twenty-eight days. These tokenomics initiatives collectively strengthen the EOS ecosystem, showcasing its rising robustness and enchantment.

EOS Community

The EOS Community is a third technology blockchain platform powered by the EOS VM, a low-latency, extremely performant, and extensible WebAssembly engine for deterministic execution of close to feeless transactions; purpose-built for enabling optimum Web3 consumer and developer experiences. EOS is the flagship blockchain and monetary heart of the Antelope framework, serving because the driving pressure behind multi-chain collaboration and public items funding for instruments and infrastructure by the EOS Community Basis (ENF).

EOS Community Basis

The EOS Community Basis (ENF) was cast by a imaginative and prescient for a affluent and decentralized future. By means of our key stakeholder engagement, group packages, ecosystem funding, and assist of an open expertise ecosystem, the ENF is remodeling Web3. Based in 2021, the ENF is the hub for EOS Community, a number one open supply platform with a set of steady frameworks, instruments, and libraries for blockchain deployments. Collectively, we’re bringing improvements that our group builds and are dedicated to a stronger future for all.

About Ceffu

Ceffu is a compliant, institutional-grade custody platform providing custody and liquidity options which might be ISO 27001 & 27701 licensed and SOC2 Sort 1 & Sort 2 attested. Our multi-party computation (MPC) expertise, mixed with a customizable multi-approval scheme, gives bespoke options permitting institutional purchasers to soundly retailer and handle their digital belongings. Establishments may additionally profit from Ceffu’s safe gateway to a variety of liquidity merchandise inside different exchanges’ ecosystems. Establishments may additionally profit from Ceffu’s safe gateway to the world’s largest crypto trade by MirrorX, our off-exchange settlement resolution.