Through this partnership, both the firms aim that the customers will be able to lend their assets. This lending could be made possible when customers will generate yield upon their assets. The Asia Pacific clients of Celsius Network will also get custody because of this partnership.
Recently, Onchain Custodian has released a completely new version of its platform. This version has been released with the warm wallet service which has been built up by IBM’s HSMs.
Now all the clients of the custodian will be able to lend their assets through Celsius Network. The customers will also be able to convert their cryptocurrency into the fiat and vice versa.
The new service which has been developed by Onchain along with other global partners will provide open finance services. The different services that have been provided by the custodian is making it a one-stop destination for different crypto market needs.
Alexandre Kech, CEO of Onchain Custodian has said that the firm has developed its partnership with one of the leading platforms. Celsius Network provides the best service among other service providers in the crypto market.
It has also been revealed that through the open finance services by the custodian, various extra returns will be unlocked for the users.
In this partnership, Celsius will work on custody services provided by Onchain to permit its own APAC clients. Alex Mashinsky, CEO of Celsius Network has labelled Onchain custodian as one of the best technology and security providers. Through this partnership, the reliability of the firm among the customers will automatically get increased.
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