Sygnum’s integration mitigates counterparty risks and enhances cybersecurity protections

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Sygnum’s integration mitigates counterparty risks and enhances cybersecurity protections

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"Counterparty risk awareness in crypto comes in cycles, and the recent major cyber-attack has triggered one of the largest waves of exchange derisking since FTX," Sygnum's chief product officer, Dominic Lohberger, said.

According to the firms, the integration mitigates counterparty risks while trading on exchanges and provides additional protection against increasingly sophisticated cybersecurity attacks.

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Crypto news