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HomeCryptocurrencyConsensys Treasury strikes 15% LINEA allocation to certified custodian for long-term storage

Consensys Treasury strikes 15% LINEA allocation to certified custodian for long-term storage


Key Takeaways

  • Consensys Treasury is transferring its 15% LINEA token allocation to a certified, regulated custodian for safe, long-term storage.
  • The custodian offers regulatory compliance and insurance coverage protection for the saved LINEA tokens.

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Consensys Treasury is transferring its 15% LINEA token allocation to a certified custodian for safe, long-term storage as we speak.

The property shall be held by regulated and insured entities specializing in crypto asset custody. These certified custodians keep regulatory compliance and supply insurance coverage protection for digital property below their administration.

LINEA, an Ethereum layer-2 scaling answer developed by Consensys, allotted 15% of its whole token provide to the corporate’s treasury operations.

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