The Ledger hardware wallets manufacturer together with the LEGACY TRUST trust company created a custodial service of the institutional level for storing various cryptocurrency, including the ERC-20 tokens.
The Hong Kong company LEGACY TRUST will use the Ledger Vault product to control cryptococheries with multiply. Representatives of the company say that since the beginning of the year, every week there were about five requests for the storage of virtual assets of the ERC-20 format. Therefore, they decided to work not only with leading cryptocurrencies like Bitcoin, but also with Ethereum-based tokens.
It will also allow all companies that are planning to hold STO, reliably protect issued assets of a popular format. The head of Legacy Trust said that, despite the high level of security and control, the LEDGER solutions allow to provide customers with comfortable conditions.
The development of products for banks and hedge fund, Ledger began to engage in early 2018, when the cryptocurrency market was interested in institutional investors. Increased attention noticed large financial organizations such as