EQIBank has announced that Unido will become its institutional partner for blockchain solutions. The agreement specifies that EQIBank will be utilizing a customised version of Unido Insto, which is the institutional bank-in-a-box solution built on Unido’s fragmented key signing technology. Unido Insto will provide crypto custody and crypto trading products to existing EQIBank clients and help with new user acquisitions.
The Unido Insto platform provides custody services for banks and digital exchanges geared at investors, asset managers, and crypto-native companies. The product offers end users secure management of their digital assets from a central dashboard. Besides custody and access to a marketplace of DeFi options to deliver yields on idle assets, Unido will deliver an integrated OTC trading interface for EQIBank to crypto trading. The solution is built on Unido’s advanced security based on its patented fragmented key signing engine.
“EQIBank selected the Unido platform due to its market leading security solution, based on patent-pending fragmented key signing engine, and its easy-to-use client experience. This brings EQIBank clients easy access to secure crypto storage, OTC transacting, and DeFi investing,” said Edwin Carlson, Chief Operating Officer of EQIBank about the partnership.
Unido is a crypto asset custody service and enterprise platform with features for the management and investment of crypto assets on-chain. It relies on a patent-pending fragmented private key obfuscation algorithm for security and offers services that are interoperable with most blockchain networks. Unido’s enterprise features include a business banking portal as well as DeFi Vault. Learn more on Twitter or Telegram.
EQIBank is the world’s first global digital bank aimed solely at businesses and high-net-worth individuals, which provides offshore, tax-exempt, and tailored personal and corporate banking services to clients in 180 countries and territories. With 24/7 cloud-based access, real time insights, and high barriers to entry, EQIBank’s strategy is to accelerate simplification, using Open Banking Standards and Open APIs to create a new global standard of banking.