Franklin Templeton Join Series A For Institutional Bitcoin Custody Provider Curv
Curv, an institutional crypto asset custody provider, today announced that global investment firm Franklin Templeton and fintech-focused venture capital firm Illuminante Financial Management have joined its Series A funding round — which already included CommerzVentures, Coinbase, Digital Currency Group, Team8 and Digital Garage. “Curv is driving traditional institutional and crypto native demand for digital assets through multi-party computation (MPC) security technology, a critical requirement to safely transfer, store and manage any digital asset on any blockchain or DLT,” according to....
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Franklin Templeton previously tapped Curv to help safeguard its fund by building a transaction signing and management system.
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With more than $1.4 trillion in assets under management, Franklin Templeton is one of the world’s largest independent asset managers. Franklin Templeton is the latest investment company to go on a cryptocurrency hiring spree by posting fresh job applications seeking crypto professionals.The American asset manager is looking for two medium-senior level experts to lead its crypto trading and research efforts, according to LinkedIn job postings published on Sept. 1.Franklin Templeton’s newly opened crypto positions target professionals to work with the “largest, most liquid and tradable....
A Proof of Concept security token transfer involving BNP Paribas and Curv could lead to integrated crypto custody solutions. Securities services provider BNP Paribas has just completed a Proof of Concept with cloud based crypto wallet provider Curv, to demonstrate a highly secure way to transfer security tokens.The security token was transferred using Curv’s advanced cryptography which utilizes a concept called multi-party computation (MPC). The institutional grade technology enables transactions to be securely signed in a mathematically-proven, distributed way.The move is a step towards....