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MoonPay Acquires Sodot for Institutional Crypto Custody
Published 3 weeks, 4 days ago
Description
MoonPay acquires Sodot, an Israeli crypto security firm, to launch institutional unit, led by Caroline Pham, former US CFTC acting chair. This move reflects growing demand for secure crypto custody from traditional finance, as MoonPay shifts focus from retail payments to serving asset managers and exchanges. Sodots multi-party computation technology enhances security, aligning with recent industry trends.
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