Telindus works with Ledger to launch crypto custody solution in Luxembourg » CryptoNinjas
Telindus, a provider of cloud, ICT, and telecom services, today announced it has partnered with Ledger Enterprise Solutions, the digital asset security expert for institutions, to provide the Luxembourg financial market with the best of world technology.
Ledger Enterprise Solutions will supply Telindus with its Ledger Vault technology, an enterprise-grade digital assets self-custody solution for custodians, exchanges, banks, and traditional financial institutions. Telindus will also utilize Ledger Enterprise Solutions’ Consulting services as part of the agreement.
Telindus has adapted Ledger Vault governance rules to comply with local Luxembourg financial regulations. Those rules are locally deployed by PSF experts from Telindus in Luxembourg.
“Telindus is an established actor that quickly saw the opportunity behind crypto and digital assets as a whole. As such, they have contributed to the development of our industry. We are proud to partner with them by providing our security and technology expertise. We can now address the Luxembourg market with a compliant turnkey solution for the custody of digital assets.”
– Alexandre Lemarchand, Vice President Global Sales & Partners, Ledger
At the heart of Europe, Luxembourg is a stable country with a strong economy. There are many reasons to choose Luxembourg among which: one of only ten countries worldwide with an AAA rating, growth consistently above the EU’s average, 40% of all European Tier IV data centers are hosted in Luxembourg with low-latency connections to all of the major European Internet hubs.
Financial services in Luxembourg benefit greatly from this stability. Luxembourg is a leading economic player that offers quality infrastructure and services to connect business with the digital world.
“Ledger is a recognized leader in both security and digital asset management. We are happy to partner with them to address a growing demand in the industry: the custody of assets.”
– Daniel Soriano, Head of Core Banking Services & Cloud Business, Telindus