• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Upbit Launches Custody Platform for Secure Crypto Asset Storage

Upbit Launches Custody Platform for Secure Crypto Asset Storage

user avatar

by Giorgi Kostiuk

2 hours ago


The launch of the Upbit Custody platform in South Korea marks an important milestone in enhancing digital asset security for institutional investors.

What is Upbit Custody and Why Does it Matter?

Upbit Custody is a specialized crypto custody platform designed to meet the needs of institutional investors. It offers a secure and reliable environment necessary for safeguarding digital assets.

How Upbit Ensures Unrivaled Digital Asset Security

The platform utilizes offline wallets that are completely isolated from the internet, significantly reducing the risk of hacking attempts. Additionally, it employs a key distribution system that divides the secret key into multiple parts.

Key Benefits for Institutional Crypto Investors

The platform's benefits include high security levels, reduced risk of hacking and leaks, compliance understanding, and Upbit's reputable standing as a leading crypto exchange.

The launch of Upbit Custody is a significant step towards broader institutional adoption of cryptocurrencies, providing essential security and trust for digital asset management.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Trump Pushes for Significant Rate Reductions and Hints at Fed Chair Replacement

chest

U.S. President Donald Trump emphasizes the need for lower interest rates and considers appointing a new Fed Chair to replace Jerome Powell.

user avatarGiorgi Kostiuk

Launch of AIOUSDT and XNYUSDT Perpetual Contracts on Binance Futures

chest

Binance Futures announces perpetual contracts for AIOUSDT and XNYUSDT with up to 50x leverage, expanding trading options on its platform.

user avatarGiorgi Kostiuk

Impact of ARK Invest's Investment in Bullish Shares on the Market

chest

ARK Invest, led by Cathie Wood, announces the acquisition of Bullish shares worth over $172 million, highlighting their interest in digital assets.

user avatarGiorgi Kostiuk

Timeline for XRP and Cardano ETF Approvals: What to Expect in 2025

chest

Predictions for approval of XRP and Cardano ETFs in the US become more optimistic amid growing interest in cryptocurrencies.

user avatarGiorgi Kostiuk

Shiba Inu Burn Rate Increases by 48,244%: Market Reactions and Price Impact

chest

The Shiba Inu burn rate surged by 48,244%, leading to price increases and heightened community engagement.

user avatarGiorgi Kostiuk

Unusual Ethereum Repurchase by a Major Investor for $50 Million

chest

An anonymous investor made a repurchase of 10,730 ETH worth $50 million, raising questions about Ethereum's market outlook.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.