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Ledger, Neufund Partner to Create Security Tokens Framework

Cryptocurrency components wallet business Ledger has partnered with German crypto startup Neufund to allow buyers take care of safety tokens by way of Ledger’s desktop application, according to a press launch Dec. 6.

Ledger’s collaboration with blockchain-based mostly fairness and crypto fundraising platform Neufund aims to acquire a framework for safety tokens. Ledger Are living — a not too long ago released desktop application for crypto asset management — is reportedly introducing an ERC-20 integration “soon.” The application will allow end users handle protection tokens issued by using Neufund’s established of protocols.

Formerly, Neufund teamed up with cryptocurrency exchange BitBay to permit traders get and provide equity tokens with fiat currencies. At that time, Neufund was reportedly aiming to turn out to be the 1st finish-to-end principal issuance system for protection tokens, specializing in fairness tokens.

In the meantime, Ledger introduced in late November that it is growing to New York as section of its progress of institutional custody giving Ledger Vault. Ledger Vault is a kind of custody option making it possible for a number of members of a company entity this kind of as a hedge fund to entry the very same cold storage wallet.

Also in November, the Germany-primarily based IOTA Basis announced it will integrate IOTA tokens with Ledger’s cryptocurrency hardware wallets.

Supply

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