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AlphaPoint Partners with Blockchain Protection Firm Coincover

November 1, 2023
in Fintech
Reading Time: 2 mins read
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AlphaPoint Partners with Blockchain Protection Firm Coincover

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Digital asset infrastructure platform AlphaPoint introduced a partnership with Coincover.

A blockchain safety agency, Coincover will present enhanced safety for AlphaPoint clients.

AlphaPoint made its Finovate debut at FinovateEurope in 2015 and returned to the Finovate stage two years later for FinovateFall.

AlphaPoint, a digital asset infrastructure platform, has turned to blockchain safety agency Coincover to supply its clients with enhanced safety. Courtesy of the partnership, AlphaPoint clients will be capable to entry Coincover’s Asset Safety answer which helps mitigate a wide range of safety threats together with hacking, human error, and scams.

Coincover secures its shoppers in opposition to hacking and theft by proactively screening and defending transactions. The corporate’s crypto menace intelligence and machine studying fashions constantly monitor exercise throughout tens of millions of digital wallets and transactions, flagging doubtlessly malicious habits. Coincover’s expertise delivers proactive alerts that allow customers to take motion when irregular patterns are noticed. The corporate has greater than 300 companions worldwide, protects 5 million crypto wallets, and has checked $30 billion in transactions. David Janczewski is co-founder and CEO.

“By collaborating with Coincover, a prime innovator in asset safety, we’re offering our clients with modern insurance coverage to safeguard their property,” AlphaPoint CEO and co-founder Igor Telyatnikov mentioned. “This partnership demonstrates our dedication to delivering full peace of thoughts via institutional-grade safety and infrastructure.”

AlphaPoint made its Finovate debut at FinovateEurope in 2015. The corporate returned to the Finovate stage two years later for FinovateFall in New York. Within the years since then, AlphaPoint has grown into main digital asset infrastructure firm with greater than 150 clients in 35 nations. The corporate’s platform helps greater than 10 million registered accounts, multiple trillion in buying and selling quantity, and billions in property. AlphaPoint counts CME Group and XP Securites amongst its shoppers. El Salvador selected AlphaPoint to function its Chivo Bitcoin pockets in 2022 as a part of the nation’s experiment in mass bitcoin adoption.

Earlier this month, AlphaPoint launched AlphaPoint Labs. The brand new entity offers advisory, improvement, and implementation companies for FIs, exchanges, and companies in search of to combine digital property and blockchain expertise. This spring, the corporate cast a brand new partnership with cryptoasset danger administration firm Elliptic. Over the summer season, AlphaPoint teamed up with verification platform Sumsub.

AlphaPoint is headquartered in New York. The corporate has raised greater than $23 million in funding.

Picture by Lex Pictures

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Tags: AlphaPointBlockchainCoincoverfirmPartnersProtection
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