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DeRace has chosen Binance Custody to support its $DERC token and safely store its users’ digital assets . Binance’s institutional-grade Qualified Wallet infrastructure will provide security for DeRace’s users. “We’re excited to partner with Binance Custody in order to ensure the top-notch security of our digital assets and provide additional safety measures for our community. Binance Custody makes it easier for institutional investors and other ecosystem participants to use $DERC, the native token of DeRace.. We look forward to exploring additional collaboration opportunities with the wider Binance ecosystem.” — Adomas Juodisius, DeRace founder and CEO Operating as an independent, insured, and compliant custody service, Binance Custody also provides a unique gateway to integrated institutional services. It also has deep liquidity and access to Binance’s comprehensive product suite. The exchange offers a secure way to trade digital assets , with a large volume of ...

Source: AdobeStock / JHVEPhoto   Banking giant  BNY Mellon  announced that its Digital Asset Custody platform is now live in the US, with bitcoin (BTC) and ethereum (ETH) on the menu.  The bank said on Tuesday that, “With select clients now able to hold and transfer bitcoin and ether, this milestone reinforces BNY Mellon's commitment to support client demand for a trusted provider of both traditional and digital asset servicing.” The announcement stated that BNY Mellon has been working with major fintechs, naming Fireblocks and Chainalysis , whose technology the bank utilized “in order to meet the present and future security and compliance needs of clients across the digital asset space.” Robin Vince, Chief Executive Officer and President at BNY Mellon, was quoted as stating that the bank is aiming to help drive the financial industry forward, adding: "Touching more than 20% of the world's investable assets, BNY Mellon ha...