December 5, 2024 – Calgary, Alberta The ENF (EOS Network Foundation) is pleased to announce that Ceffu – the institutional custody partner of Binance – now supports the EOS mainnet. This partnership provides institutional-grade custodian services while unlocking new CeDeFi opportunities for EOS token holders through Binance’s MirrorX integration. With Ceffu’s advanced custody infrastructure, institutions can confidently secure their EOS assets using MPC (multi-party computation) and customizable approval schemes. Through MirrorX , institutional fund managers can deploy CeDeFi strategies that leverage the best of both CEX (centralized exchanges) and DeFi (decentralized finance) worlds. By leveraging Binance’s liquidity and advanced trading mechanisms, EOS token holders gain access to innovative yield solutions tailored to institutional needs. EOS’s inclusion in the Coinbase COIN50 index – a global benchmark representing the top 50 digital assets listed on Coinbase Exchange – highlights the growing interest and popularity of the ecosystem towards institutions. This recognition underscores EOS’s position as a leading blockchain platform and a key player in the crypto economy. Yves La Rose, founder and CEO of EOS Network Foundation, said, “Ceffu’s integration with EOS represents an important step in building the infrastructure necessary to support institutional engagement at scale. “By partnering with Ceffu, we are creating new pathways for institutions to securely participate in the EOS ecosystem and benefit from its evolving opportunities.” EOS has experienced significant performance improvements driven by community approved tokenomics enhancements. The new tokenomics strategy includes a dedicated funding bucket for middleware with the executed Unicove portal streamlining the onboarding process and improving user experience. Additionally, a staking rewards program distributing $450 million dollars worth of EOS has been active for over five months and has increased EOS staking participation by four times while simultaneously extending the token lockup time from four to 28 days. These tokenomics initiatives collectively strengthen the EOS ecosystem, showcasing its growing robustness and appeal. EOS Network The EOS Network is a third-generation blockchain platform powered by the EOS VM (virtual machine), a low-latency, highly performant and extensible WebAssembly engine for deterministic execution of near feeless transactions – purpose-built for enabling optimal Web 3.0 user and developer experiences. 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 ENF. EOS Network Foundation The ENF was forged through a vision for a prosperous and decentralized future. Through our key stakeholder engagement, community programs, ecosystem funding and support of an open technology ecosystem, the ENF is transforming Web 3.0. Founded in 2021, the ENF is the hub for EOS Network, a leading open-source platform with a suite of stable frameworks, tools and libraries for blockchain deployments. Together, we are bringing innovations that our community builds and are committed to a stronger future for all. About Ceffu Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions that are ISO 27001 and 27701 certified and SOC2 Type One and Type Two attested. Our MPC (multi-party computation) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their digital assets. Institutions may also benefit from Ceffu’s secure gateway to a wide range of liquidity products within other exchanges’ ecosystems. Institutions may 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 This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements The post Ceffu Joins Forces With EOS To Deliver Advanced Custody and CeDeFi Opportunities appeared first on The Daily Hodl .
