Encrypted asset custody company Ceffu (formerly Binance Custody, a custody service of Binance) stated on Twitter that the basis of its custody platform runs on an isolated account and wallet system, which means that customers' assets stored in cold wallets will never be released. mix.

According to Ceffu, the company provides support through the over-the-counter settlement solution Mirror. Institutional customers lock the asset-specific amount in their own Ceffu cold wallet, and then credit their Binance trading account at a ratio of 1:1. These assets will always be Stored in the Ceffu cold wallet. Ceffu said the solution is ISO 27001/27701 certified, SOC 2 Type 1 and Type 2 certified, and undergoes regular security checks.