Ledger, Neufund Partner to Create Security Tokens Framework

Crypto {hardware} wallet Ledger to permit customers to handle safety tokens by means of Ledger’s desktop app.

Cryptocurrency {hardware} wallet agency Ledger has partnered with German crypto startup Neufund to let customers handle safety tokens by way of Ledger’s desktop app, in response to a press launch Dec. 6.

Ledger’s collaboration with blockchain-based fairness and crypto fundraising platform Neufund goals to develop a framework for safety tokens. Ledger Live — a lately launched desktop software for crypto asset administration — is reportedly including an ERC-20 integration “quickly.” The app will let customers handle safety tokens issued by way of Neufund’s set of protocols.

Previously, Neufund teamed up with cryptocurrency alternate BitBay to let buyers purchase and promote fairness tokens with fiat currencies. At that point, Neufund was reportedly aiming to turn out to be the primary end-to-end main issuance platform for safety tokens, specializing in fairness tokens.

Meanwhile, Ledger introduced in late November that it’s increasing to New York as a part of its growth of institutional custody providing Ledger Vault. Ledger Vault is a type of custody resolution permitting a number of members of a company entity similar to a hedge fund to entry the identical cold storage wallet.

Also in November, the Germany-based IOTA Foundation introduced it can combine IOTA tokens with Ledger’s cryptocurrency {hardware} wallets.

Original supply: https://cointelegraph.com/news/ledger-neufund-partner-to-create-security-tokens-framework

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