Digital Assets Infrastructure Provider PrimeVault Adds Support for Radix Network

PrimeVault, a key player focused on institutional digital asset infrastructure backed by Y Combinator, Arrington XRP Capital, HashKey Capital, Cogitent Ventures, Alchemy, and G-20 Group, announced that it is adding support for the Radix Network within its platform.

This integration enhances Radix’s accessibility to institutions, which benefits Radix users by boosting “visibility and adoption of XRD and the Radix Ecosystem.”

As institutions continue to engage with Radix through platforms like PrimeVault, the network strengthens, liquidity increases, and the Radix Ecosystem reportedly “becomes a more attractive environment for capital deployment.”

‍Institutions tend to face various challenges with a “fragmented” tech stack, managing custody of assets across multiple wallets, trading “across DEXs and CEXs, and writing custom code for token operations.”

This leads to security risks, inefficiencies, delays, higher costs, and leaves institutions without a unified system of managing their portfolio.

PrimeVault claims that it addresses this by offering an “institutional” wallet infrastructure that consolidates all these elements.

With PrimeVault, institutions can self-custody assets, automate workflows, natively swap and bridge crypto assets and “manage risk and compliance all from one place.”

PrimeVault delivers self-custody with “zero” counterparty risk, where clients maintain control of their assets without “relying on third parties.”

PrimeVault’s secure solution leverages a key management approach, complementing “traditional Multi-Party Computation (MPC) based approaches using Trusted Execution Environments (TEEs) and Formal Verification as technologies of choice.”

Supporting multi-chain and multi-asset management, PrimeVault also offers permissioned “vaults for secure trading on external exchanges.”

They also provide enterprise-grade key backup and recovery, with both “self-managed and third-party options, and have been audited by world-class auditing firm, Halborn and are SOC-2 compliant.”

Designed for institutions that require high-speed and high-volume trading capabilities, PrimeVault offers CeDeFi liquidity (liquidity aggregated across centralized and decentralized venues) and “execution power needed to efficiently manage large portfolios.”

By using algorithms to suggest the efficient trade routes, trades can be tailored to the client’s preferences, “streamlining complex trades while maintaining security.”

Supported by RPC infrastructure and “high-speed” transaction propagation, PrimeVault ensures institutions can operate “at market speed without compromising security or performance.”

PrimeVault delivers DeFi access, offering risk management and tracking to ensure institutions have control and security over a crypto portfolio.

The platform monitors assets, providing proactive “alerts and de-risking suggestions.”

‍Institutions can simulate transactions to assess “potential” impacts before finalizing and leverage tools to implement scenario-based risk strategies, such as “responding to stablecoin depeg situations.”

The PrimeVault integration is said to mark another key step / milestone in Radix’s institutional strategy.

By enhancing accessibility on platforms like PrimeVault, Radix enables institutions to incorporate the Radix Network into trading strategies.

This integration provides a pathway for investors to choose Radix as their platform for “deploying DeFi trading strategies once Flash Liquidity launches on the network.”

As a result, professional fund managers will be able to interact with dApps in the Radix Ecosystem, such “as CaviarNine, Ociswap, Astrolescent, and even perpetual DEX platforms like Surge with a wide variety of assets and deep liquidity.”

Combining integrations like PrimeVault with Radix technologies like Flash Liquidity help build the “foundation” of Radix as a trading platform for DeFi.



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