Binance Custody Integrates Injective to Enable Unmatched Institutional Access.
29 Nov 2022, 15:36
Binance Custody Integrates Injective to Enable Unmatched Institutional Access
Binance Custody has integrated Injective and the native INJ token in order to enable unprecedented institutional access for the Injective ecosystem. With this integration, Binance Custody also introduces its first ever staking feature by enabling staking support for the INJ token.
Binance Custody is a leading institutional-grade digital asset custody solution that features sophisticated cold and hot storage security alongside advanced liquidity solutions for institutions to manage digital assets seamlessly. This integration provides secure custody for the native Injective token (INJ) alongside the ability to support new CW20 tokens launched on the Injective L1. INJ is also the first asset that can be directly staked via Binance Custody, adding new opportunities for institutions to interact with the PoS Injective blockchain.
Binance Custody further solidifies the major leaps Injective is making within institutional circles as illustrated by Injective’s support from major crypto institutions such as Brevan Howard Digital, Jump Crypto, Cumberland and many more.
The Binance ecosystem has been a leading supporter of Injective since day one. Injective was originally incubated by Binance Labs and later went on to Binance Launchpad. The integration with Binance Custody only further expands Injective’s global presence by providing an unmatched gateway for institutional onboarding.
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