Ceffu joins hands with EOS to jointly unlock new opportunities in advanced custody and CeDeFi

Binance's institutional custody partner Ceffu now supports the EOS mainnet. This collaboration provides institutional-grade custody services for organizations holding EOS and opens up new CeDeFi opportunities through Binance's MirrorX integration.

With Ceffu's advanced custody infrastructure, institutions can securely store and manage EOS assets using multi-party computation (MPC) technology and customizable approval schemes. Additionally, through MirrorX, institutional fund managers can deploy CeDeFi strategies, leveraging the advantages of centralized exchanges (CEX) and decentralized finance (DeFi). With Binance's liquidity and advanced trading mechanisms, EOS holders can access innovative yield solutions designed specifically for institutional needs.

EOS has been included in the Coinbase COIN50 index (which is a global benchmark representing the top 50 digital assets listed on the Coinbase exchange), highlighting the growing interest and recognition from institutions in this ecosystem. This recognition underscores EOS's position as a leading blockchain platform and a key player in the rapidly evolving crypto economy.

Yves La Rose, founder and CEO of the EOS Network Foundation, stated: "The integration of Ceffu with EOS represents a significant step forward in building the infrastructure needed to support large-scale institutional participation. By collaborating with Ceffu, we are opening new avenues for institutions to securely engage with the EOS ecosystem and benefit from its evolving opportunities."

The significant performance improvements of EOS are attributed to the community-approved upgrade of the token economic model. The new token economic strategy includes a reserve pool for funding middleware, the launch of the Unicove portal to streamline user onboarding processes, greatly enhancing user experience. Additionally, the $450 million EOS staking rewards program has been running for five months, increasing staking participation by four times while extending the token lock-up period from 4 days to 28 days. These token economic initiatives collectively strengthen the EOS ecosystem, showcasing its growing resilience and appeal.

Introduction to the EOS Network

The EOS Network is a third-generation blockchain platform that operates on the EOS Virtual Machine (EOS VM). EOS VM is a low-latency, high-performance, scalable WebAssembly engine designed to achieve near-zero transaction fees, built to provide the best Web3 user and developer experience. EOS is the flagship chain and financial center of the Antelope framework, driving multi-chain collaboration and the development of public goods, supported by tools and infrastructure funding from the EOS Network Foundation (ENF).

Introduction to the EOS Network Foundation

The EOS Network Foundation (ENF) envisions building a prosperous decentralized future. Through the participation of key stakeholders, community programs, ecosystem funding support, and the promotion of an open technology ecosystem, ENF is driving the transformation of Web3. Established in 2021, ENF serves as the core hub of the EOS Network, dedicated to providing a comprehensive set of stable frameworks, tools, and libraries for blockchain deployment. Together with the community, we are committed to fostering innovation and building a stronger future.

Introduction to Ceffu

Ceffu is a compliant institutional-grade custody platform that offers custody and liquidity solutions, certified by ISO 27001 and 27701, and has obtained SOC2 Type 1 and Type 2 attestations. Our multi-party computation (MPC) technology, combined with customizable multi-approval schemes, provides tailored solutions for institutional clients to securely store and manage their digital assets. Additionally, Ceffu offers institutional clients a secure gateway to access liquidity products from the world's largest crypto exchanges through MirrorX—a solution for over-the-counter settlements—while connecting to a wide range of liquidity products from other trading ecosystems.