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Unido and Bridge Mutual Partner to Secure Crypto Assets

byRitu Lavania
March 10, 2021
in Cryptocurrency News

Unido and Bridge mutual have joined forces to give enterprises solutions to protect their digital assets. Unido will collaborate with Bridge Mutual to create a part of its application for user coverage.

Unido’s wallet is self-custodial, thus creating the need for another security layer to protect users from extreme cases that could result in loss of value.

Bridge Mutual’s integration into Unido’s multi-signature enterprise wallet will remove potential dangers between users in the network. Bridge Mutual will also explore the application of Unido’s Multi-sig key management system to upgrade internal security controls.

Unido is a decentralized platform dedicated to helping business institutions manage their crypto assets via Decentralized Finance (DeFi) and crypto management tools.

Bridge mutual (BMI) is a decentralized peer-to-peer platform that provides coverage for stablecoins, centralized exchanges, and smart contracts.

Bridge Mutual’s Twitter handle stated that its partner would leverage Bridge Mutual’s expertise to develop a part of the app. At the same time, Unido EP ($UDO) expressed via its Twitter account that it is excited about the partnership. Unido further took to its blog to elaborate on the strategic alliance and mentioned that integrating its partner’s discretionary coverage will protect the client’s digital assets by giving them an intuitive means of securing access to DeFi investments.

Chris Weddle, CEO at Unido, stated that it made sense to find a discretionary coverage that matches their decentralized mantra.

Mike Miglio, CEO of Bridge Mutual, mentioned that Bridge Mutual and Unido had discovered some great synergies.

Bridge Mutual’s discretionary coverage will now be available on Unido’s app, ensuring better control and effective management of the digital assets of Institutional clients. Institutional clients will benefit from this strategic partnership through added features, intuitive technology, better management, and robust security.

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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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