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Censo Launches Mobile-Based Self-Custody Crypto Wallet for Institutions and Organizations

FinTech company Censo has released a mobile-based self-custody crypto wallet for institutions and organizations. The wallet offers a decentralized key management solution that is expected to be more accessible and less expensive than existing technologies. Censo's technology does not use MPC, a key-sharding technology often used in institutional crypto custody arenas, making it a cost-effective alternative for organizations who want truly decentralized key management and self-custody. T

he open-source technology uses mobile devices' existing secure hardware and biometric functions to create a more accessible solution for smaller companies and encourage wider adoption of cryptocurrency. Nasdaq is also set to launch its crypto custody service by the end of the second quarter to meet the increasing institutional interest and demand for crypto services.

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