Finoa and Dapper Labs announce exclusive partnership to bring institutional-grade custody to FLOW ecosystem investors
With the mainnet launch of Dapper Lab’s Flow protocol, Finoa is excited to announce that it has been exclusively chosen as the provider of institutional-grade custody for FLOW, the native token powering the network.
Finoa has worked closely with Dapper Labs to ensure that both professional investors and Dapper Laps have exclusive custody support in time for the upcoming token distribution.
In addition to custody, FLOW token holders will further have the opportunity to stake and delegate their allocations directly from Finoa’s infrastructure. Thus, providing them with the chance to contribute to the network seamlessly, safely, and securely.
Blockchain-enabled applications can bring fans closer to the brands they love, give people a real stake in the communities they contribute to and create new ways for consumers to become creators themselves. The FLOW token (“FLOW” or “𝔽”) is the native currency for the Flow network and the fuel for a new, inclusive, and borderless digital economy, aimed at delivering rich and engaging digital experiences to billions of people around the world.
“With a very ambitious timeline, Finoa has proven itself as a reliable, flexible and trustworthy partner. We are delighted that professional investors in FLOW will have the opportunity to deposit their allocations into institutional-grade custody from day one.” – Flow Head of Partnerships Mickey Maher
Developed by Dapper Labs, the company behind CryptoKitties and NBA Top Shot, the FLOW token is geared towards becoming the blockchain foundation for the next generation of games, app, and digital asset developers. The Flow protocol is designed to scale using a multi-role architecture instead of sharding, which results in increased speed while remaining developer-friendly. Dapper Labs uses blockchain technology to bring new forms of digital engagement to fans everywhere.
“We are extremely excited about the opportunity to work with the Dapper Labs team and support the aspiration of bringing the next generation of blockchain-enabled entertainment to mainstream with the FLOW protocol. An impressive track record, great partners, and unique blockchain characteristics make for a very bright future ahead, and we are very happy to be part of the journey as the preferred custodian.” — Finoa Co-Founder & Co-CEO Henrik Gebbing
Are you interested in learning more about our support for FLOW or would you like to know about future assets in our pipeline? Reach out to us here.
Your Key to Digital Asset Banking — Finoa is a regulated custodian for Digital Assets, servicing professional investors with Custody and Staking. The platform enables its users to securely store and manage their crypto-assets, while providing a directly accessible, highly intuitive and unique user-experience, enabling seamless access to the ecosystem of Decentralized Finance (DeFi). Reference customers include the world’s most renowned Venture Capital firms, large corporations and financial institutions. Finoa was founded in Berlin in 2018, has received a preliminary crypto custody license (§64y Para. 1 KWG) and is supervised by the German Federal Financial Supervisory Authority (BaFin).
We are your key to digital asset banking. Visit our website to learn more about our digital asset services: https://finoa.io/
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