Live Breaking News & Updates on Ettlement And Custody

The partnership enables BitMart's institutional clients to trade on its exchange while maintaining full control of their funds using cutting-edge MPC-based co-managed custody. SINGAPORE, Feb. 9, 2023 /PRNewswire/ Cobo announced today that BitMart, the premium global digital asset trading platform, will be joining Cobo's SuperLoop, an off-exchange custodian and settlement network, ahead of its official launch. This partnership will enable BitMart's institutional clients to trade on its exchange while maintaining full control of their funds using cutting-edge MPC-based co-managed custody. SuperLoop, an off-exchange custodian and settlement network, enables the separation of trading from clearing, settlement and custody, in line with TradFi standards. SuperLoop mitigates counterparty risk and ensures the safety of clients' assets by allowing asset managers to trade directly on exchanges while maintaining their assets off-exchange under Cobo's secure custody. Cobo' ....

Prnewswire Cobo , Serena Yu , Victor Wei , Cobo Superloop , Loop Network , Party Computation , Business Development At Cobo , Multi Party Computation , Threshold Signature Scheme , Institutional Clients , Vice President , Business Development , Smart App , The Partnership Enables Bitmart 39s Institutional Clients To Trade On Its Exchange While Maintaining Full Control Of Their Funds Using Cutting Edge Mpc Based Co Managed Custody Singapore , Feb 9 , 023 Prnewswire Cobo Announced Today That Bitmart , He Premium Global Digital Asset Trading Platform , Ill Be Joining Cobo 39s Superloop , N Off Exchange Custodian And Settlement Network , Head Of Its Official Launch This Partnership Will Enable Bitmart 39s Institutional Clients To Trade On Exchange While Maintaining Full Control Their Funds Using Cutting Edge Mpc Based Co Managed Custody Superloop , Nables The Separation Of Trading From Clearing , Ettlement And Custody , N Line With Tradfi Standards Superloop Mitigates Counterparty Risk And Ensures The Safety Of Clients 39 Assets By Allowing Asset Managers To Trade Directly On Exchanges While Maintaining Their Off Exchange Under Cobo 39s Secure Custody Is An Upgrade Loop Network , Hich Was Launched In 2019 To Provide Off Exchange Clearing And Settlement The Partnership Will Allow Bitmart 39s Institutional Clients Leverage Cutting Edge Multi Party Computation Mpc Technologies Secure Their Digital Assets By Implementinga Threshold Signature Scheme Tss , Here Cobo And The Clients Hold Separate Private Key Shares Jointly Sign Transactions Without Ever Exposing Their To Each Other Or Reproducing In Full Quot Security Of 39 Assets Is Always Our Top Priority At Bitmart , Uot Said Victor Wei ,