Binance US chooses Fireblocks to enhance cryptocurrency custody and staking services

According to Foresight News, as reported by CoinDesk, Binance US has chosen Fireblocks to enhance its cryptocurrency custody and staking services, ensuring secure and compliant handling of customer assets on the exchange to users and regulatory authorities, while also supporting cryptocurrency staking services. The two companies announced on Wednesday that Binance US will utilize Fireblocks' wallet technology to support cold and hot storage, as well as customer deposits and withdrawals. Fireblocks' key management system will also aid in expanding the exchange's staking services.