Binance Custody’s custody service has now been renamed Ceffu. The name is inspired by the word SAFU (Secure Asset Fund for Users) commonly used in the community.​

Ceffu said the name change will not affect any services already received by customers, nor will it affect user experience and products. Ceffu will continue to develop and provide independent solutions, such as isolated cold storage, local staking, independent hosting services, etc.