LONDON, August 12th 2024 – COINHERO, a leading cryptocurrency ATM operator in Asia, is excited to announce its strategic partnership with io.finnet to leverage their cutting-edge product, io.vault, for enhanced treasury management. This collaboration marks a significant step forward in COINHERO's mission to provide secure and efficient financial solutions for digital asset management.

Enhanced Treasury Management and Unparalleled Security with io.vault

COINHERO will integrate io.vault from io.finnet to bolster its treasury management capabilities. io.vault offers a robust and secure solution for managing digital assets, ensuring that COINHERO's treasury operations are conducted with the highest levels of security and efficiency. Utilizing trustless Multi-Party Computation (MPC) technology, io.vault functions as a multi-signature wallet specifically designed for businesses. This integration will significantly enhance the security of COINHERO's funds, streamline their financial operations, and provide a seamless experience for their users.

"We are thrilled to incorporate io.vault into our treasury management system," said a COINHERO representative. "This partnership underscores our commitment to adopting state-of-the-art technology to safeguard our assets and optimize our financial processes."

Promoting Digital Asset Adoption and Security

In addition to enhancing treasury management, COINHERO and io.finnet will collaborate on a series of events aimed at promoting digital asset adoption and security. These events will focus on educating the public and industry stakeholders about the importance of secure digital asset management and the innovative solutions available to protect investments.

"We believe that education and awareness are key to driving the adoption of digital assets," said Clementine Drouot, CMO of io.finnet. "Through our partnership with COINHERO, we aim to provide valuable insights and resources to help individuals and businesses navigate the digital asset landscape with confidence."

Strategic Impact for io.finnet

Having COINHERO as a partner will significantly aid io.finnet in expanding its footprint in the Asian market. This partnership not only validates io.finnet's cutting-edge technology but also underscores its commitment to providing top-tier security solutions for digital asset management.

COINHERO’s Commitment to Security

COINHERO is already working with renowned security firms Beosin and Secuna to ensure the highest level of security for its operations. While Beosin and Secuna provide comprehensive security solutions, io.finnet will specifically help COINHERO enhance the security of its digital asset custody through io.vault.

About COINHERO

Founded in 2017, COINHERO's goal is to make Bitcoin and cryptocurrencies as accessible as possible. As Asia’s leading Bitcoin ATM operator, COINHERO strives to provide as many locations as possible at the most competitive rates. In recent years, COINHERO has partnered with numerous businesses in Hong Kong and Taiwan to expand its network of Bitcoin ATMs. Additionally, COINHERO has been actively promoting merchant adoption of Bitcoin and cryptocurrency payments.

‍

About io.finnet 

At io.finnet, we believe that secure and seamless access to digital assets is paramount. We provide innovative digital asset infrastructure solutions for various industries, including finance. Our expertise spans enterprise blockchain, cryptographic security, multi-party computation (MPC), and lightning-fast secure APIs. Our comprehensive product portfolio includes:

• io.network: A 24/7 instant settlement platform leveraging private blockchain technology.
• io.vault: A self-custody solution enabling businesses to securely manage their digital assets.
• io.flow: A network of payment providers for processing multi-currency transactions through local and cross-border payment rails.
• io.ID: A self-owned digital identity solution that empowers users to secure their online presence with unparalleled security and convenience.

‍