Paribu Custody adds THORChain and Axelar
Category: News / Published:
THORChain and Axelar have been added to the networks Paribu Custody supports. Clients can hold assets on both in custody, under ColdShield®.
- THORChain is a cross-chain liquidity protocol. It settles swaps in native assets, so bitcoin traded through a THORChain pool stays bitcoin on the Bitcoin network rather than becoming a wrapped representation elsewhere. RUNE sits on one side of every pool.
- Axelar is a cross-chain communication network with its own delegated proof-of-stake (DPoS) validator set, connecting more than 80 chains. Its validators run a light client or full node for each connected chain.
What network coverage determines for a B2B client
For many Paribu Custody clients, especially digital asset trading platforms, the custodian's network coverage determines which assets they can list and which deposit and withdrawal routes they can open to those users.
Paribu Custody gives institutions one place to hold what they own on-chain
Every network in coverage was weighed on the team and track record behind it, the security and scalability of its technical infrastructure, its independent audits and certifications, its readiness for regulatory compliance, institutional adoption and market size. Support for a network means assets on it can be held in Paribu Custody.
With support for 90+ networks and 1000+ tokens and close to a decade of blockchain expertise behind it, Paribu Custody gives institutions one place to hold what they own on-chain.
To start scaling on-chain, request a demo.
