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Hope.money COO Xavier Xiang: Custody Needs to Fully Meet Compliance Requirements and Be Recognized by Regulation

On September 11th, during the "TimeStamp" summit held in Singapore, Xavier Xiang, the COO of Hope.money, shared that custody capability is driven by technology, so it is essential for custody service providers to have sufficient technical expertise and research and development capabilities. Additionally, custody also needs to fully meet compliance requirements and be recognized by regulatory authorities.

Flex Yang also emphasized that MPC technology has been around for a long time and is a relatively mature technology. The Hope.money project utilizes MPC wallets to manage both user and internal assets. Furthermore, Hope.money has collaborated with the Elven team, which has greatly improved the team's work efficiency.

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