Internet-scale blockchain Elrond Network has just announced custody service provider Copper.co has added support for the EGLD token and Elrond blockchain assets, according to the press release shared with iHodl.
Per the announcement, the integration will allow Copper.co to offer custody services for the EGLD, the native, capped supply utility and settlement token of the Elrond Network, and assets issued on the Elrond blockchain.
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Now, institutional players, fund managers, exchanges, trading avenues and other market actors will be able to access to enterprise-ready capabilities of the high throughput, low cost, carbon-negative Elrond Network blockchain tech, and EGLD, the digital currency underpinning it.
Beniamin Mincu, Elrond Network CEO, said:
"Best in class digital asset custody services are essential for making the rapidly expanding Elrond ecosystem accessible to more institutional actors, markets, and geographies. With Copper as a robust custodian for assets on the Elrond Network, a new growth chapter is ready to begin for the internet-scale blockchain."