Ceffu Now Supports the TRON Network

Ceffu is excited to announce it now supports the TRON Network and a range of tokens issued on the network: JST, TRX, NFT, SUN, BTTC, USDT, USDC, and WIN.

TRON will be using Ceffu as its custodian to enhance the security of its digital assets. The partnership allows institutional investors to store TRON network tokens securely with Ceffu while accessing liquidity opportunities: 

Cold Convert with Binance’s competitive fees: customers can trade and settle transactions directly from within Ceffu's cold vault. Customers simply request for Binance’s competitive conversion rates, customize their spread levels, and their trades are executed with a regulated counter-party, thereby minimizing risks.

Binance Mirror for institutional-grade capital efficiency: customers can access on Binance.com an equivalent amount they keep secured with Ceffu. Custodied funds remain in cold storage and are never moved to the exchange, enabling customers to utilize their capital stored in cold storage.

“We launched Ceffu to provide the best custodial services for all institutional clients in the market. We not only strive to deliver best-in-class cold storage solutions, but we also look forward to developing a one-stop institutional digital assets solution with access to Binance’s liquidity. Adding support for TRON Network is a key step towards achieving our goal of supporting the widest range of digital assets.” said Cathy Yu, Head of Ceffu.

“TRON is committed to providing secure and simple solutions for our community, especially with the monumental growth of the ecosystem in the last five years,” said H.E. Justin Sun, Founder of TRON. “This partnership with Ceffu is a strategic initiative to safeguard digital assets with its top-notch service.”

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2022, it has over 100 million total user accounts on the blockchain, more than 3.4 billion total transactions, and over $9.2 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.

Learn more about TRON:

Website: www.tron.network
Twitter: @trondao

About Ceffu

Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions. Its multi-party computation (MPC) technology, combined with a customizable multi-approval scheme, provides bespoke solutions allowing institutional clients to safely store and manage their digital assets through its insured, segregated cold storage solution, Qualified Wallet. Institutions also benefit from Ceffu’s secure gateway to a wide range of liquidity products within the Binance ecosystem as Binance’s institutional custody partner.

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