PRESS RELEASE. Blockchain platform Dvision Network announced that the Coinbase Custody platform will provide a cold storage solution for the native token DVI for the custody of digital assets.
Important development for Dvision Network
Dvision Network stated that the development with the blockchain in close cooperation with the Coinbase custody team was in progress during this period. This resulted in Coinbase Custody officially approving the DVI token and supporting it as part of its custody service. It should be noted that Coinbase Custody follows a strict process and carries out a thorough and complex verification of the DVI token during the trial period.
This development was confirmed on 25th from January in a Tweet from Coinbase Custody, which revealed that DVI tokens are now part of the tokens supported on its platform. This means that DVI owners can keep their DVI tokens and other assets including BTC, ETH, USDC, BAT and Link in a secure cooling system from Coinbase Custody.
It should be noted that Coinbase Custody is a digital asset management platform that holds client assets for safekeeping and prevents them from being lost. It integrates a similar storage architecture used by the Coinbase switch and is considered to be one of the best custodian services in the crypto industry.
Additionally, Coinbase Custody is recognized in the digital asset market as one of the few custodian services that only supports projects that comply with technical standards and related laws. This is one of the reasons Dvision Network selected Coinbase Custody to conduct a custodian relationship with one of the most trusted and largest custody providers in the world.
The addition of a DVI token to Coinbase Custody represents the extensive work that has been put into the project by the Dvision developers. With this integration, the DVI token can join a list of the top tokens that are supported on the depot platform. It also makes the token available to a new market of users as Coinbase Custody is de facto one of the largest in the world.
About Coinbase Custody
Coinbase Custody is the largest and most trusted custodian for institutional digital assets. Launched in 2018, Coinbase Custody provides customers with access to the secure offline institutional-level storage solution used in Coinbase’s exchange business since 2012, the most modern and reliable custody solution in the world. More information is available at custust.coinbase.com.
Via Dvision Network
Dvision Network is a new VR content ecosystem that uses blockchain technology. The company aims to provide the best user experience by leveraging the beneficial features of blockchain and VR technologies, creating an unprecedented and inclusive virtual ecosystem for businesses, designers and general users. Dvision Network is powered by an Ethereum-based utility token (DVI) that can be used in Dvision Network’s new VR content ecosystem. DVI tokens can be purchased on the cryptocurrency exchange and can also be used as compensation for certain promotions within the Dvision network.
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