Coincover, the blockchain protection company, has joined forces with Utila, a cutting-edge enterprise-grade crypto operations platform. This strategic partnership brings together Coincover’s renowned protection solutions and Utila’s secure, non-custodial wallet infrastructure.
The Utila platform provides a comprehensive and user-friendly approach to crypto asset management, with personalised wallet infrastructure that simplifies day-to-day crypto management for institutions. The new partnership with Coincover offers a new MPC (Multi-Party Computation) solution that aims to simplify institutional access to crypto.
Utila customers will have access to Coincover’s third-party recovery technology. With access to an added layer of protection, Utila customers can confidently utilise a self-serve key backup solution that removes the complexity and concerns surrounding potential lost access to funds. This partnership empowers Utila customers to take control of their digital assets while enjoying the peace of mind that comes with Coincover's protection.
The onboarding process is seamless and Utila customers can easily select Coincover as their backup provider without the need for complex referral procedures. This streamlines the setup of crypto businesses and removes entry barriers, helping to stimulate institutional involvement in crypto.
This collaboration signifies a major step forward in providing a comprehensive solution for crypto asset management, combining recovery expertise with an advanced wallet infrastructure. Both Coincover and Utila anticipate that this partnership will contribute to greater trust, security, and ease of use in the evolving landscape of digital asset management.
Blockchain technology is changing everything. However, it brings its own set of unique risks. Coincover exists to ensure everyone is protected, enabling them to innovate freely, without constraints.
Coincover provides a complete blockchain protection solution, addressing the most significant barrier to mainstream adoption: trust. Our protection solutions ensure that access and assets are never lost.
Founded in 2018 and backed by leading investors, Coincover protects over 350 of the biggest names in blockchain, including Fireblocks, BitGo, and Ledger, keeping them and their customers safe from theft, hacking, and human error.
Visit www.coincover.com for more information.
Utila is a leading enterprise-grade crypto operations platform trusted by numerous organisations to streamline and enhance their digital asset management including a multi-chain secured wallet management, robust policy engine, and various integrations to TradFi, decentralised applications, and centralised exchanges.
The uniqueness of the solution is the seamless user experience, setting up an account takes less than a minute, configuring organisational policies and backup management are fully self-served.
Backed by a prestigious group of investors, including NFX, Wing, Framework, Balaji Srinivasan, and many others, Utila is the trusted partner for teams managing digital assets.
Visit utila.io for more information.