Fireblocks is trialing a hybrid custody solution that its clients can use to safeguard their crypto even while trading on exchanges, according to a Financial News report on Friday.

The proposed platform has been conceived as an “off-exchange” service. This platform will enable clients to keep their crypto assets in custody while trading on exchanges. The funds will only move out of the custody platform when the trades need to be settled. Huobi and Deribit have been added as partners in the project.

(By Osato Avan-Nomayo)

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