Zilliqa: Appoints Onchain Custodian to secure network assets
- Zilliqa has announced that it has selected Singapore-based crypto custody service Onchain Custodian to secure its network’s assets
- The Zilliqa ecosystem will benefit from institutional-grade security and also insured custody services for its ZIL and ZRC-2 tokens
- To kickstart the engagement, Onchain Custodian will be providing support for XSGD
- With new financial instruments emerging out of the blockchain space, better infrastructures need to be built with clients’ needs in mind
- Partnership also enables Xfers to keep reaping the cost and scalability benefits enabled by the Zilliqa blockchain protocol
- Zilliqa also announced that it would be working with leading decentralised exchange Switcheo Exchange
