Wemix Foundation Secures Its Treasury on Ceffu

2023-07-24  •  3 min read

We’re excited to announce our continued partnership with decentralized blockchain network Wemix,, which has chosen Ceffu’s enterprise-grade Qualified Wallet cold storage solution to secure its foundation-owned, non-circulating WEMIX assets. As part of its strategic decision to establish a more protected and transparent asset management system, Wemix has transferred more than 600 million WEMIX into Ceffu to date.

“We are firmly committed to enhancing asset management with a strong emphasis on security and transparency for our valued WEMIX community and investors. In pursuit of this vision, we formed a partnership with Ceffu renowned for its robust security measures. By entrusting all Foundation-owned non-circulating WEMIX to Ceffu, we reinforce our unwavering dedication to safeguarding our assets, embodying our relentless pursuit of excellence across all aspects of our operations.” – Henry Chang, CEO, Wemix Foundation

Our Qualified Wallets run on multi-party computation (MPC) technology. With MPC, private keys are partitioned into multiple key shares stored on air-gapped FIPS 140-2 devices and distributed across different geographical regions. This process ensures there is never any single point of failure to keep your account security intact. Furthermore, all assets deposited in Qualified Wallets are segregated with on-chain addresses, providing full transparency and visibility that the only movements coming in and out of our clients’ wallets are theirs alone.

“Wemix is playing a crucial role in furthering Web3 adoption, and we’re thrilled to support its mission by providing the base, secure infrastructure that allows it to build its innovative products with peace of mind. By combining the WEMIX mega-ecosystem with our expertise in institutional security, we are able to contribute significantly to the development of the crypto ecosystem.” – Aroun Dupuis, Head of Institutional Sales, Ceffu

To learn more about how Ceffu’s custody and liquidity solutions can help drive your business forward, contact one of our designated account managers by filling out this short institutional form.

About Wemix
Wemix is a borderless mega-ecosystem that offers a decentralized blockchain network driven by platforms and focused on delivering experience-based services. Its high-performance EVM-compatible open-source protocol operates on the SPoA (Stake-based Proof of Authority) consensus mechanism, ensuring efficiency and reliability.

The mainnet's security is maximized through decentralized on-chain governance facilitated by 40 Node Council Partners (NCP), known as 40 WONDERS, while maintaining a high transaction per second (TPS) rate. As part of its long-term vision, Wemix aims to achieve complete decentralization through a multi-phase democratized governance approach. 

Individually, each functional platform and component plays a vital role in Wemix's growth and expansion. Notable contributors include WEMIX Play, the blockchain gaming platform; NILE, serving as an NFT Marketplace and DAO launchpad; and WEMIX.Fi, the official DeFi platform.

For more information, visit www.wemix.com

About Ceffu
Ceffu is a compliant, institutional-grade custody platform offering custody and liquidity solutions that are ISO 27001 & 27701 certified and SOC Type 1 & Type 2 attested. 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. Such solutions include insured on-chain cold storage, escrow services, staking, OTC and spot trading.

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 through Mirror, its off-exchange settlement solution.

Media contact: pr@ceffu.com 

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