DXM Partners With Ledger to Launch Institutional Custody Solution

DXM, the cryptocurrency branch of the Korean market operator Dunamu, will offer custodial services in partnership with the French hardware firm, Ledger. Ledger, the producer of some of the most popular hardware wallets of the Nano series, will offer custody with institutional-grade quality, reported the News Asia.

DXM will combine Ledger’s Vault Security technology, based on hardware storage, branding the new product as Upbit Safe. Institutional custody is slowly becoming one of the tools for wider crypto adoption, but the service is appearing for the first time in Korea.

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