As Oraichain moves towards becoming a premier Layer 1 blockchain network for on-chain AI and data economy, Coinbase Custody International announces its added support for the ORAI token, which will allow European institutional clients to keep their coins most securely and transparently in cold storage.
Coinbase operates with a key objective to allow its system of open finance by offering infrastructure that will link the gap existing between traditional finance and the decentralized economy. As per the Irish laws, Coinbase Custody International will give auditors and investors a more familiar framework of regulation that can be trusted and relied upon.
Coinbase Custody International will give institutional investors the utmost security of assets, transparency, and regulatory clarity for endowments, investment managers, family offices, and pension funds that will distribute capital to VC, Index, and hedge funds. The platform will perform security and routine financial audits and ensure digital assets.
With the help of a strong due diligence process, CII offers maximum transparency and security with its unique approach of keeping segregated addresses in cold storage for every client account. It gives easy access to confirm secure storage of their client funds. Besides the ability to safely store coins, CII is also trying to enable its institutional clients to take an active part in various supported networks, from staking to exposure and governance opportunities.
The added support of the ORAI ERC-20 token by Coinbase Custody International will build commercial-grade solutions for retail and institutional clients, which will be a vital step toward AI Layer 1 adoption for Data Economy. It signals confidence in the products and dedication by the team towards innovating Web 3.0 technologies for the future. Oraichain encourages users willing to add the ORAI tokens to their portfolio to explore CII and take advantage of their compliant and secure offering.
Oraichain is the first ecosystem and oracle in the world that AI powers for blockchains. It aims to be the first premier AI Layer 1 with an entirely AI ecosystem in the Blockchain network. It is a basic layer for developing dApps and smart contracts for a new generation.
AI being the cornerstone, it has created several innovative and essential products, including the fully on-chain VRF, AI price feeds, AI marketplace, a data hub, AI NFT generation, over 100 AI APIs, NFT copyright protection, AI-powered yield aggregator, royalty protocol, Cosmwasm IDE and many more.
