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  3. ONC partners with Vessel Capital for crypto exchange access
Technology news

ONC partners with Vessel Capital for crypto exchange access


09 July 2019 Singapore
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Onchain Custodian (ONC) has partnered with Vessel Capital to provide secure crypto exchange access to clients.

The service is supported by Vessel’s trading system which will be backed by ONC.

The move follows ONC’s recent partnerships with Babel Finance and Wowoo Exchange.

ONC is backed by Fosun, DHVC and Sequoia Capital, the US-based venture capital firm.

Alexandre Kech, CEO of ONC, said: “With ONC as a trusted custodian service provider, combined with Vessel’s exceptional platform offering, this partnership will provide a comprehensive solution to assist fund managers to efficiently execute and deploy their investment strategies, and enhance their risk controls when trading on crypto exchanges.”

He added: “We will collaborate with Vessel to formalise an industry standard in crypto fund issuance and management that will strengthen our overall offering to our qualified investors.”

Boris Feng, founder of Vessel Capital, commented: “We’re excited to be working with the Onchain Custodian team. In a short space of time they have made some valuable partnerships and it’s clear to all at Vessel Capital that they can provide the custody solutions to complement our own financial service offerings.”
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