The EOS Network Foundation (ENF) has partnered with Ceffu, the institutional custody partner of Binance, Ceffu to provide institutional-grade custodial services for EOS token holders through Binance’s MirrorX integration.
Ceffu will also unlock new CeDeFi opportunities for EOS users by supporting the EOS network. Institutional EOS holders can now securely hold their assets using multi-party computation (MPC) and customizable approval schemes with Ceffu’s advanced custody infrastructure.
MirrorX will also enable fund managers to deploy CeDeFi strategies that benefit from CEX and DeFi technologies. Through this partnership, Binance’s deep liquidity and advanced trading mechanisms will give EOS holders access to innovative yield solutions designed for institutional needs.
Growing Interest in EOS
EOS is the world’s largest decentralized autonomous organization (DAO) crypto project, and it has won the confidence of traders and the tech community.
Therefore, its inclusion in the Coinbase COIN50 Index—a global benchmark representing the top 50 digital assets listed on Coinbase—is of little surprise and an indication of the project’s growing popularity among institutions.
Commenting on the partnership with Ceffu, Yves La Rose, Founder & CEO of EOS Network Foundation, said:
“Ceffu’s integration with EOS represents an important step in building the infrastructure necessary to support institutional engagement at scale. By partnering with Ceffu, we are creating new pathways for institutions to securely participate in the EOS ecosystem and benefit from its evolving opportunities.”
As a DAO, EOS has seen significant improvements in its tokenomics, all of which have been approved by the community of holders. The new improvements include a dedicated funding bucket for middleware with the executed Unicove portal, streamlining the onboarding process and improving user experience.
There is also a staking rewards program through which $450 million worth of EOS is distributed. The program has been active for over five months and quadrupled EOS’ staking participation while extending the token lockup time from 4 to 28 days.
These tokenomics initiatives help to strengthen the EOS ecosystem, showcasing its growing robustness and appeal. The EOS virtual machine powers the network and has low latency, high performance, and feeless transactions.
Its design also ensures the best experience for both Web3 users and developers. The network is backed by the EOS Network Foundation (ENF).
