Onchain Custodian (ONC), a Singapore-based digital property custody service supplier, introduced in the present day it can work with Wowoo Alternate to offer a safe, compliant answer for storage of their digital property.
The crew at Wowoo Alternate, which launches subsequent month, are constructing a platform that focuses on assembly world compliance laws and offering a excessive degree of safety for patrons.
“The partnership with Onchain Custodian helps our imaginative and prescient of constructing a highly-secure trade the place our purchasers should purchase, promote and commerce cryptocurrencies with confidence. We’re excited to work with consultants from Onchain Custodian to handle and defend our clients’ digital property.”
Willie Chang, CEO of Wowoo Alternate
Onchain Custodian is backed by Fosun, DHVC and Sequoia Capital, the US-based enterprise capital agency which has backed firms that now management $1.four trillion of mixed inventory market worth, together with Apple, Google, Oracle and PayPal, and is gaining a big foothold because it builds up its portfolio of institutional purchasers throughout the Asia Pacific area.
Final month, ONC introduced the on-boarding of a collection of main purchasers, together with Ontology Basis, Tembusu Companions, Timestamp Capital, and extra.
“Onchain Custodian is honored to have been chosen by Wowoo Alternate as its third-party custodian. We’re wanting ahead to rising our respective enterprise collectively whereas delivering two vital items of infrastructure to traders in Asia Pacific and past, a compliant trade with a safe custody answer.”
Alexandre Kech, CEO of Onchain Custodian
By offering a centered strategy to safety, operational effectivity and threat administration to institutional gamers holding cryptocurrencies and digital property, Onchain Custodian permits its purchasers to deal with their core enterprise.