What is Ledger Vault?
Ledger Vault is a cold-storage solution that’s optimised for institutional usage. Using such solution ensures that customers can rest assured their funds are always as secure as they can be. Institutions using Ledger Vault, including NBX, can provide the highest level of custody, without sacrificing the performance of their platforms.
To read more about Ledger Vault, go to https://vaultplatform.ledger.com.
How does NBX use Ledger Vault internally and what’s the key benefit for me?
We have integrated Ledger Vault with the NBX platform and the custody solution we have already built internally, which currently serves our customers. Ledger Vault works in tandem and complement our platform by further ensuring safety of the crypto and digital assets we hold on behalf of our customers every day.
In addition, we’re also a part of Ledger’s crime insurance pool for all of their institutional clients. That means that per their insurance policy, which is underwritten by Arch UK Lloyd’s of London, our clients are entitled to a share of their $150 million pool when a covered event occurs. This is just one step along our road to consistently providing end-to-end protection and peace of mind to every one of our clients.
See additional information in our blog post and Ledger Vault's announcement about our cooperation.