Ceffu Partners with EOS to Embark on Advanced Custody and CeDeFi New Opportunities

By: blockbeats|2024/12/06 11:15:01

[Calgary, Alberta, Canada, December 5, 2024] – The EOS Network Foundation (ENF) is pleased to announce that Binance's institutional custody partner Ceffu now supports the EOS mainnet. This collaboration provides institutional-grade custody services for EOS holders and, through Binance's MirrorX integration, unlocks a new realm of CeDeFi opportunities.

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

EOS has been included in the Coinbase COIN50 Index (a global benchmark representing the top 50 digital assets listed on the Coinbase exchange), highlighting institutional interest and recognition of the growing 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 in building the infrastructure necessary to support large-scale institutional participation. Through our collaboration with Ceffu, we have paved the way for institutions to securely engage with the EOS ecosystem and benefit from its evolving opportunities."

EOS's performance has significantly improved due to the community-approved tokenomics upgrade. The new tokenomics strategy includes a reserve pool for middleware-specific funding, the introduction of the streamlined Unicove portal for user onboarding, greatly enhancing the user experience. Additionally, the $4.5 billion EOS staking reward program has been running for five months, leading to a 4x increase in staking participation, while extending the token lock-up period from 4 days to 28 days. These tokenomics initiatives collectively strengthen the EOS ecosystem, showcasing its growing resilience and appeal.

EOS Network Overview

The EOS Network is a third-generation blockchain platform running on the EOS Virtual Machine (EOS VM). EOS VM is a low-latency, high-performance, scalable WebAssembly engine designed to achieve nearly feeless transactions, built to provide the optimal Web3 user and developer experience. EOS is the flagship chain and financial hub of the Antelope framework, driving multi-chain collaboration and public goods development, with tooling and infrastructure funding support provided by the EOS Network Foundation (ENF).

EOS Network Foundation Introduction

The EOS Network Foundation (ENF) envisions a thriving decentralized future. Through the participation of key stakeholders, community initiatives, ecosystem funding support, and the advancement of an open technical ecosystem, ENF is driving the transition to Web3. Established in 2021, ENF is the core hub of the EOS network, dedicated to providing a comprehensive framework, tools, and libraries for blockchain deployment. Together with the community, we are committed to fostering innovation and building a more robust future.

Ceffu Introduction

Ceffu is a compliant institutional-grade custody platform that offers custody and liquidity solutions. It is ISO 27001 and 27701 certified, and has achieved SOC2 Type 1 and Type 2 attestations. Our Multi-Party Computation (MPC) technology, combined with customizable multi-approval schemes, provides institutional clients with bespoke solutions for securely storing and managing their digital assets. Additionally, through MirrorX—a solution for off-exchange settlements—Ceffu offers institutional clients a secure gateway to access liquidity products from the world's largest crypto exchanges, while also tapping into a wide range of liquidity products from other trading ecosystems.

Contact Information

Tristan Dickinson

EOS Network Foundation

Tristan.dickinson@eosnetwork.com

WEEX Labs lands in Amsterdam for Dutch Blockchain Week with Agentic Day: The AI Infrastructure Economy — featuring a Cointelegraph exclusive interview with Waqar Zaka, a live AI trading competition (no code required, just natural language), and a keynote from WEEX COO Andrew Weiner. June 22. Register now: https://luma.com/lo977l6h

SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June

SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.

SpaceX vs Tesla vs xAI: Which Elon Musk Trade Has the Biggest Upside in 2026?

SpaceX's IPO is days away, Tesla holds over 11,000 BTC, and xAI is betting big on AI. Here's how traders are comparing the three biggest Musk narratives.

OpenAI Reveals It Has Confidentially Submitted an S-1 to the SEC, Keeping the Door Open for a Future IPO

On June 9, according to an OpenAI announcement, the company recently confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), beginning the preliminary compliance process for a potential initial public offering. OpenAI said it chose to disclose this proactively because it expected the news might leak; however, the company has not yet set a specific listing timeline, and related arrangements may still take some time.

Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI

The combination of AI and crypto is still in its early stages, with both serving as complementary "middleware": AI translates human intentions into executable programs, while cryptographic technology provides verifiable and tamper-proof guarantees for computational processes and results. In the dire...

Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention

Instead of competing with ambition, focusing on restraint, how does Anthropic leverage extreme strategic focus and an "counterintuitive" geek culture to counterattack OpenAI on the AI battlefield?

Apollo and Blackstone Reportedly Back $35 Billion Anthropic Chip Financing as Deal Details Remain Unclear

On June 9, according to currently available news alerts, Apollo and Blackstone Group participated in a $35 billion financing for an Anthropic “chip project.” Based on the original wording of the report, the funding has already been raised, but public information remains limited. The financing structure, use of proceeds, project entity, and whether Apollo and Blackstone participated through equity, debt, or project financing have not yet been disclosed.

Humanity Protocol Security Incident Escalates: More Than $31 Million Stolen From Related Addresses as Attacker Continues Selling H for ETH

On June 9, according to monitoring by Onchain Lens, more than $31 million has been stolen from addresses linked to Humanity Protocol, and the attack is still ongoing, with the hacker continuously swapping H tokens for ETH. Project founder Terence Kwok later confirmed the security incident on X, saying the issue involved a private key leak.

Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses

In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.

Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?

The platform that wins this competition will be the one whose execution layer is the hardest to replicate, whose builder ecosystem delivers the fastest, and whose regulatory path is the most open.

Binance Research: RWA Market Expected to Expand Nearly 6x from Early 2025, with Public Equities and Onchain Payments Heating Up Together

In June, Binance Research said in its monthly market report that the real-world asset (RWA) market is expected to grow by about 589% from the beginning of 2025. Bond- and money market fund-related RWA expanded by about $6.5 billion, up 83% year over year, while publicly traded equity RWAs grew by about 422%. The report also noted that monthly crypto debit card transaction volume exceeded $747 million in May, up 48.6% year to date.