Key highlights:
EOS mainnet gains institutional-grade custody support from Ceffu, Binance’s custody partner, offering secure asset management.
MirrorX integration allows fund managers to leverage Binance’s liquidity while tapping into decentralized finance protocols.
Updates to EOS’s tokenomics and ecosystem emphasize its growing utility and appeal to institutional investors.
EOS ecosystem drives institutional collaboration
The EOS Network Foundation (ENF) has announced a partnership with Ceffu, the institutional custody platform associated with Binance, which now supports the EOS mainnet. This collaboration brings secure custody services to EOS token holders and unlocks CeDeFi strategies through Binance’s MirrorX.
Ceffu’s advanced multi-party computation (MPC) and customizable approval mechanisms provide robust security for institutional assets. Combined with MirrorX, this allows fund managers to access Binance’s liquidity and sophisticated trading tools while engaging with decentralized finance protocols.
This milestone aligns with EOS’s inclusion in Coinbase’s COIN50 Index, a benchmark that reflects its standing as one of the top 50 digital assets. This recognition reinforces EOS’s role as a key player in the expanding blockchain economy.
“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.” —Yves La Rose, Founder and CEO of the EOS Network Foundation
Steady growth driven by advanced tokenomics
EOS has seen steady progress in its ecosystem, supported by updates to its tokenomics and infrastructure. A $450 million staking rewards program has significantly increased participation rates, extending token lockup periods from 4 to 28 days. Additionally, middleware funding, exemplified by the Unicove portal, has streamlined onboarding processes and improved user experience, ensuring a more accessible platform for developers and users alike.
The bottom line
The collaboration between Ceffu and EOS underscores the platform’s commitment to bridging traditional finance and blockchain technology. Through secure custody solutions, innovative CeDeFi strategies, and a refined ecosystem, EOS continues to strengthen its position in the rapidly evolving crypto landscape.