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XLink Bolsters Security with Strategic Partnerships

By Advos

TL;DR

XLink is partnering with Fireblocks to enhance security and operational capabilities, gaining an edge in managing digital asset operations.

XLink will utilize Fireblocks' MPC technology to streamline wallet and smart contract management, ensuring robust security measures for digital assets.

The partnership aims to instill confidence in users by providing the highest levels of protection for digital assets, making the DeFi space more secure and trustworthy.

XLink's collaboration with leading Web3 security firm Ancilia and digital asset custody provider Cobo demonstrates its commitment to staying at the forefront of security in the DeFi space, paving the way for future innovations and growth.

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XLink Bolsters Security with Strategic Partnerships

XLink, a pioneering decentralized finance (DeFi) platform designed to facilitate Bitcoin utility across different blockchains, has announced strategic partnerships with industry leaders Fireblocks and Ancilia to strengthen its security measures and operational capabilities.

The partnership with Fireblocks, an enterprise-grade platform renowned for its secure infrastructure in managing digital asset operations, aims to enhance XLink's wallet and smart contract management by leveraging Fireblocks' advanced Multi-Party Computation (MPC) technology. This integration will provide robust security measures for wallet and smart contract management, ensuring the highest levels of protection for digital assets while streamlining XLink's digital asset operations.

Fireblocks is the first company to achieve Cryptocurrency Security Standard (CSSS) Qualified Service Provider Level III certification by the Cryptocurrency Certification Consortium (C4), and it is also SOC2 Type III Certified with ISO certifications for security, cloud, and privacy. This partnership underscores XLink's commitment to adopting industry-leading security standards.

In response to a recent security breach, XLink has also partnered with Ancilia, a leading Web3 security firm. This collaboration aims to fortify XLink's platform through continuous monitoring, real-time threat detection, and a holistic security framework covering all aspects of XLink's operations, from smart contracts to user interactions. By adopting Ancilia's advanced security measures, XLink aims to become the most secure Bitcoin liquidity aggregator in the DeFi space, instilling confidence in its users that their digital assets are protected by the most robust security infrastructure available.

XLink has already partnered with digital asset custody provider Cobo to enhance crypto management and establish new security standards in the blockchain industry. By integrating Cobo's advanced MPC technology, XLink has ensured unmatched security management of digital assets on its platform, preventing unauthorized access and boosting trust.

As an innovative DeFi platform designed to facilitate Bitcoin utility across different blockchains, XLink operates as an omnichain liquidity network, leveraging intent-based mechanisms to dynamically route Bitcoin liquidity. XLink aims to redefine financial interactions by making them more decentralized, transparent, and accessible to a global, institutional audience.

These strategic partnerships with industry leaders in security and digital asset management demonstrate XLink's unwavering commitment to providing a secure and trustworthy platform for its users, further solidifying its position as a pioneer in the DeFi space.

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