Ledger, Neufund Partner to Create Security Tokens Framework

Cryptocurrency pockets company Ledger has partnered with German crypto startup Neufund to let customers arrange safety tokens by way of Ledger’s desktop app, in line with a press unlock Dec. 6.

Ledger’s collaboration with blockchain-based fairness and crypto fundraising platform Neufund goals to increase a framework for safety tokens. Ledger Reside — a lately introduced desktop utility for crypto asset control — is reportedly including an ERC-20 integration “quickly.” The app will let customers arrange safety tokens issued by way of Neufund’s set of protocols.

Up to now, Neufund teamed up with cryptocurrency trade BitBay to let traders purchase and promote fairness tokens with fiat currencies. At the moment, Neufund used to be reportedly aiming to change into the primary end-to-end number one issuance platform for safety tokens, that specialize in fairness tokens.

In the meantime, Ledger introduced in past due November that it’s increasing to New York as a part of its construction of institutional custody providing Ledger Vault. Ledger Vault is a type of custody answer permitting more than one participants of a company entity akin to a hedge fund to get admission to the similar chilly garage pockets.

Additionally in November, the Germany-based IOTA Basis introduced it’s going to combine IOTA tokens with Ledger’s cryptocurrency wallets.

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