IOTA
$0.31278 2.70%

IOTA Foundation Partners with Crypto Storage AG to Offer the First Institutional-Grade IOTA Token…

Crypto Storage AG provides the first professional IOTA crypto token storage infrastructure solution worldwide. IOTA has set itself apart from blockchain developments with the creation of the Tangle. The Tangle is a permissionless, no-fee distributed ledger, designed as the basis of a global protocol for the Internet of Things (IoT) that does not rely on traditional blockchain technology. Industry partners are developing concepts with IOTA across automotive, mobility, eHealth, and smart energy sectors, as well as social impact and government regulations, supply chain, and global trade activities. Crypto Storage AG, a subsidiary of Crypto Finance AG, brings a solution with a new professional level of security for IOTA’s industry partners and users.

(Zurich, Switzerland- January 9, 2019) Crypto Storage AG, a subsidiary of Crypto Finance AG, is pleased to announce the result of its collaboration with the IOTA Foundation: the first multi-signature storage solution available for the storage of high volumes of IOTA tokens worldwide. This storage solution is designed to meet the needs of financial intermediaries as well as significant partners across a variety of industries working on concepts that use IOTA. The collaboration between the IOTA Foundation and Crypto Storage AG enables private and public investors, as well as institutional investors and beneficiaries to securely manage access to their IOTA tokens. IOTA enables new business models for companies and organizations. Users of the Crypto Storage solution receive an additional level of security through separate infrastructures and definable approval processes.

“Crypto Storage AG is proud to support the IOTA platform with our top-tier infrastructure, as we see rising demand with our clients and IOTA’s industry partners to enable the IOTA token without compromising on security,” says Stijn Vander Straeten, CEO of Crypto Storage AG.

Started in 2015, IOTA sets itself apart from blockchain develop...

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