Curv, a U.S.-based digital asset security infrastructure provider, announced on Tuesday it has formed a new partnership with Solarisbank subsidiary Solaris Digital Assets. Curv reported that the collaboration will extend its reach into Europe while supporting the delivery of Solarisbank’s new custody solution.
While sharing more details about the partnership, Curv Co-Founder and CEO, Itay Malinger, stated:
“Our companies are uniquely aligned to provide a flexible yet secure banking infrastructure that demonstrates the future of global finance,” said “As a protocol-agnostic technology partner, we deliver a multi-party computation (MPC)-based security infrastructure that eliminates all single points of failure and affords institutions the option of a customized deployment to suit their specific needs for hot, warm, or cold wallet environments.”
Alexis Hamel, Managing Director of Solaris Digital Assets, added:
“As a crypto-custodian fulfilling all license requirements, we offer our partners a cutting-edge custody solution that is also fully compliant with anti-money laundering regulations in Europe. Turning to a segment leader like Curv gives us peace of mind that we can continue to accelerate the adoption of digital assets.”
Founded in 2018, Curv states it mitigates the blockchain’s irreversible single point of failure by eliminating the concept of private keys and providing an enterprise-grade policy engine.
“Curv’s keyless MPC technology and flexible tech stack enable the company to swiftly deliver customized digital asset security solutions required by crypto-native and traditional financial institutions to build world-class cryptofinance products. Curv’s highly scalable and adaptable platform can support hot, warm and cold wallet configurations as well as all tokens and protocols regardless of the underlying blockchain or DLT.”
The partnership with Solaris Digital Assets comes less than six months after Curv secured $23 million through its Series A funding round. Participates included CommerzVentures, Coinbase Ventures, Digital Currency Group, Team8, and Digital Garage Lab Fund.