Wowoo Exchange has selected Onchain Custodian (ONC) to provide a secure, compliant solution for the storage of its digital assets.
Wowoo Exchange, which launches next month, is building a platform that focuses on meeting global compliance regulations and providing security for customers.
The partnership with Wowoo Exchange follows ONC’s onboarding of a series of clients, including Ontology Foundation, Tembusu Partners and Timestamp Capital, among others.
Onchain Custodian is backed by Fosun, DHVC and Sequoia Capital, the US-based venture capital firm.
Willie Chang, CEO of Wowoo Exchange, said: "The partnership with Onchain Custodian supports our vision of building a highly-secure exchange where our clients can buy, sell and trade cryptocurrencies with confidence.”
Alexandre Kech, CEO of Onchain Custodian, commented: “Onchain Custodian is honoured to have been selected by Wowoo Exchange as its third-party custodian.”
He added: “We are looking forward to growing our respective business together while delivering two critical pieces of infrastructure to investors in the Asia Pacific and beyond, a compliant exchange with a secure custody solution.”
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