IOTA partners with Crypto Storage AG for the First Institutional-Grade IOTA Token Storage
|- The storage infrastructure is open to private parties, public investors and institutional investors.
- IOTA is correcting higher on the day and likely to touch $0.4 in the near-term.
IOTA is hitting the headlines following its latest partnership with Crypto Storage AG. The partnership will help IOTA Foundation to offer IOTA token storage infrastructure across the world. Crypto Storage AG is a subsidiary company of Crypto Finance AG. The firm strives to provide “a solution with a new professional level of security for IOTA’s industry partners and users.”
The storage infrastructure has been designed to cater for the needs of all the financial intermediaries and other partners from other industries. The storage infrastructure is open to private parties, public investors, institutional investors and other beneficiaries in order to help them keep their IOTA tokens safe. Additional security features have been included to ensure that security is at its optimum. Stijn Vander Straeten, CEO of Crypto Storage AG said in regards to the partnership:
“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.”
At the time of writing IOTA is trading at 0.37. The crypto is correcting higher by 1.83% on the day. The bullish trend appears to be strong enough to continue towards $0.4 according to the technical levels.
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