Binance.US chooses Fireblocks to enhance cryptocurrency custody and staking services

ChainCatcher news, according to CoinDesk, Binance US has chosen Fireblocks to enhance cryptocurrency custody and staking services, assuring users and regulators that customer assets on the exchange are handled securely and compliantly, while also supporting cryptocurrency token staking services.

The two companies stated on Wednesday that the company will use Fireblocks wallet technology to support hot and cold custody, as well as customer deposits and withdrawals. Fireblocks' key management system will also help expand the exchange's staking services.