（Cointime 16th,May）Sinohope, the MPC self-custodial platform of New Huo Tech, has officially partnered with SFT Protocol，a Web3 infrastructure service provider. The two companies will conduct in-depth communication and close cooperation around secure and compliant custody technologies for virtual assets.

As a key product recently launched by New Huo Tech, Sinohope is committed to creating an exclusive digital asset self-custody platform for each institution. The platform solves the single-point risk of private keys by adopting MPC-CMP technologies enabling customers to realize distributed management of private key sharding and collaborative signature, effectively increasing transparency and ease of use.

SFT Protocol is a solution to improve the liquidity of PoS chain assets using Liquidity Mortgage Derivatives (LSD), which has the characteristics of low transaction friction, support for multi-chain lossless switching, and easy user operation. The protocol is open-sourced in a transparent and fair manner, releases the liquidity of Staking, builds efficient public chain cloud nodes, and provides computing and storage support for Layer2 applications.