Crypto Custody Provider Atato Confirms Integration With Cronos Chain, XRP Ledger

Zinger Key Points
  • The integration offers enhanced security, flexibility, and efficiency for digital assets.
  • Web3 contributors, startups, and SMEs in XRP and Cronos ecosystems to benefit from the BYOC integration.

Crypto custody provider atato is integrating with both Cronos Chain, an EVM-compatible chain developed on the Cosmos SDK, and XRP Ledger XRP/USD blockchain.

This alliance focuses on atato's Bring-Your-Own-Chain (BYOC) network.

Join the conversation at the much-anticipated Benzinga's Future of Digital Assets conference on Nov. 14, where integrations like these will likely be a significant point of discussion.

The integration eradicates the coding processes, to protect and support tokens across both EVM and non-EVM chains. It also addresses the prevalent industry challenge of restricted asset backing, providing enhanced security, flexibility, and operational efficacy.

Web3 builders, startups, developers, SMEs linked with XRP Ledger, Cronos ecosystems, and other such environments stand to benefit from the BYOC integration. It aims to forge a secure, interoperable, and compliant landscape for burgeoning web3 contributors.

Also Read: SEC Chief Affirms Crypto As Securities, Cites 'Fraud, Scams, Bankruptcies'

“The escalating demand for users to safeguard their tokens across multiple chains, and manage them via a singular user interface, cannot be overlooked," Guillaume Le Saint, co-founder of atato, remarked on the integration. "With atato's BYOC feature, we've streamlined the process, allowing any project or institution to effortlessly support any blockchain or token with just a click.”

Jay Lin, director of partnerships at Cronos Chain, emphasized the significance of the partnership.

“With atato’s BYOC, custodial wallets for SMEs and individuals have now been made accessible on the Cronos Network, marking another milestone towards establishing a more secure and interoperable ecosystem for projects within the Cronos Chain," Lin said.

Read Next: Trader Who Nailed 2022's Crypto Crash Sends A Warning: Read This Before Going Long

Join Benzinga's Fintech Deal Day & Awards on Nov. 13 and Future of Digital Assets on Nov. 14 in New York City to stay updated on trends like AI, regulations, SEC actions and institutional adoption in the crypto space. Secure early bird discounted tickets now!

Image: Pixabay

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