Custody solution helps provide long-term security for HBAR holders.
Hedera Hashgraph, the enterprise-grade distributed public ledger, and Kingdom Trust, a leading qualified custodian holding cryptocurrency investments, today announced that Kingdom Trust has added Hedera’s hbars (HBAR) to its list of acceptable digital currency investments.
Kingdom Trust will provide the Hedera ecosystem with end-to-end capabilities to secure digital currencies. HBAR holders reduce their risk of holding assets directly while achieving regulatory compliance, transparency, and accountability.
Lionel Chocron, Chief Product Officer of Hedera, said, “Hedera’s mission is to provide the trust layer of the internet, and serve as the enterprise-grade public distributed ledger. We are pleased that a leading custody provider like Kingdom Trust has chosen to provide custody services for hbars, serving a crucial role in how enterprises and other organizations can further secure their coins, which play a key role in the functioning of our network.”