
Title: Dusk and Cordial First to Launch Zero-Trust Custody for RWA Assets at NPEX
In a groundbreaking move, Dusk and Cordial Systems have partnered to launch zero-trust custody for regulated wrapped assets (RWA) on the NPEX platform. This innovative collaboration paves the way for secure digital asset custody and institutional onboarding in European markets.
The alliance brings together industry leaders, as Dusk’s blockchain technology is now integrated with Cordial Systems’ cutting-edge self-hosted wallet technology, Cordial Treasury. This unified solution ensures seamless deployment of regulated financial instruments, enabling NPEX to provide a secure environment for the trading and tokenization of digital assets.
Dusk’s CEO, Emanuele Francioni, emphasized their commitment to supporting innovation by stating that “We are thrilled to join forces with Cordial Systems.” Their joint effort will facilitate unparalleled security, compliance, and decentralization, ultimately bridging the gap between traditional finance and decentralized ledger technologies (DLTs).
Cordial Systems has built its on-premise solution using multi-party computation (MPC) technology, which allows users to store, stake, and manage digital assets across 45+ blockchains. This zero-trust approach ensures security, resilience, and regulatory compliance without reliance on third-party vendors.
The launch of this innovative custody service will significantly simplify the onboarding process for financial institutions looking to integrate blockchain technology into their operations. As a result, NPEX is poised to support the growth of regulated digital asset markets.
Dusk’s mission is centered around enabling enterprises of any size to collaborate at scale, meet compliance requirements, and ensure that personal and transaction data remains confidential. With this partnership, they are now providing an additional layer of security and trust for institutions entering the blockchain space.
In conclusion, this collaboration between Dusk, Cordial Systems, and NPEX marks a significant milestone in the development of on-chain finance. As tokenized money market funds and stablecoins continue to gain traction, this alliance is well-positioned to support the growth of regulated digital asset markets.
Source: https://cryptopotato.com/dusk-and-cordial-first-to-launch-zero-trust-custody-for-rwa-assets-at-npex/