Dear Users,

We are pleased to announce that we have officially introduced the world-class institutional-grade custody solution to VeChain along with its enterprise-class ecosystem, to enhance the security and infrastructure solutions for cryptocurrencies and blockchain applications.

Our custodial system utilizes both warm (online) and cold (offline) storage architecture to secure the digital assets, combining with a comprehensive reporting and safeguarding program. We will support VIP 180 based on VeChainThor Blockchain.

Our custody’s distinctive features include:

Combination of hot and cold storage architecture

AI-equipped risk management system

Robust cold storage auditing and reporting system

On-chain segregation of digital assets

Integration of VeChain’s VeKey and HSM based digital asset management turnkey solutions

As an AI-driven digital exchange, we are proud of our technological versatility in safekeeping digital assets with regulatory standing, which provides a complete and permanent solution to the issue of custody in the digital assets sphere. Our provision of custodial services to VeChain ecosystem would benefit to a secure digital assets environment for institutional users involved. We also make custodianship a process that is scalable in a fast-moving global market, whilst remaining secure against human error and common crypto threats. In addition, we will provide VET and VTHO OTC service to its custodian service users.

Said by Nan- founder and CEO of OceanEx:

“Our mission is to make digital assets investment accessible to all kinds of eligible financial institution, projects, blockchain applications and hedge fund over the globe. To achieve this, we are committed to providing digital assets holders and enthusiasts with a secure, transparent and easy-to-use crypto custody service.”

Since we launched corporate account service on OceanEx in January 2019, VeChain has already been onboarded as a corporate user of our platform and our custodial service. For future partnership, we will continue on-boarding a set of world-class clients including leading crypto hedge funds, projects and other institutions.

OceanEx Team,

06/06/2019

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