StorX Networks will leverage Propine’s industry-leading institutional custody to its community members to securely hold SRX holdings. Propine will facilitate $SRX holders to make near-instant, low-cost transfers of $SRX, 24/7 on the XinFin (XDC Network) blockchain.
Propine’s suite of crypto offerings will facilitate fund managers to securely store SRX and institutional investors can focus on what they do best — investing with secured custody. This was one of the demands of StorX community. StorX community can now benefit from Propine’s secure custody, SLA for Funds Transfer, Robust Reporting backed by excellent customer support.
“We are pleased to partner with StorX Network to provide digital asset custody support for $SRX token based on the XinFin blockchain network. StorX is one of the major, fast-growing, and globally recognized decentralized cloud storage networks. Our licensed digital asset custody solution enables the community to store their digital assets safely and securely on the cloud.” said Tuhina Singh, CEO and Co-Founder of Propine
Established in 2018, Propine is the first and only licensed digital asset custody service provider holding a CMS license by MAS and an ISO 27001 certification. Our one-stop solution caters to all digital asset custody needs including digital securities, cryptocurrencies, stablecoins, NFTs, and fiat on a single integrated platform.
Propine also provides end-to-end securities services built for digital securities from the ground up, serving the needs of institutional clients, from tokenization and issuance lifecycle support to custodial services and post-trade activities.
About StorX Network:
StorX is a decentralized cloud storage network that empowers users to store their data securely in the cloud. Each file uploaded on StorX is split and encrypted into multiple fragments to autonomous storage nodes operated by individual operators worldwide. Designed as a collection of independent storage networks, no particular operator has complete access to your data. StorX is faster than legacy centralized storage providers and allows users to save substantial amounts on costs compared to a centralized cloud. StorX enables users with spare storage capacity to lease space and earn great returns in SRX tokens.
For more details, visit http://storx.tech/
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