Curv, a security startup based in Israel, has formed a partnership with a custodian and crypto platform HAYVN which is based in the UAE. This partnership could be seen as a first commercial agreement between Israel and the UAE related to cryptocurrency. It has been made possible because both the countries have agreed to strengthen their diplomatic ties under the US-brokered accord. It is revealed that with this collaboration, the firm will be promoting its multi-party computation (MPC) security technology across the UAE.
Curv Offers Both Hot and Cold Wallet Deployment
It is seen that the products by Curv have been widely used by the traditional investment companies as well as crypto-native institutions. It has customers across the world who are using the infrastructure to transfer, store and manage the digital assets. The firm is offering both hot and cold wallet deployment and keyless security infrastructure.
Christopher Flinos, co-founder of HAYVN, has said that his company has done a huge global search to find a partner like Curv. He mentioned that HAYVN is very well known for keeping the digital assets of its customers completely safe. With this collaboration, the clients of HAYVN will be able to buy, sell and offer custody services for digital currencies.
Israel and Two Gulf Arab Nations Signed Normalization Deal
Recently, Israel has signed a normalization deal with two Gulf Arab Nations at the White House ceremony. This collaboration is coming in response to that normalization deal as the nations are trying to establish and improve the diplomatic ties between them. Itay Malinger, CEO and co-founder at Curv, has said that the firm is extremely delighted to have a partner like HAYVN. With this partnership, it becomes the first Israeli firm to form partnership with a UAE-based digital asset firm. Not only this, several other business-related agreements have also been signed between them.