XBO.com, the crypto exchange dedicated to making digital currencies accessible to all, integrates with award-winning digital asset and crypto technology platform Fireblocks to strengthen security and protect customer assets on the exchange.
Through the integration with Fireblocks, XBO.com leverages secure solutions against cyber-attacks, internal collusion and human error with multi-layer technology that combines MPC cryptography with hardware insolation. XBO.com can now support asset settlement 24/7 using a unique institutional asset transfer network. Investors on the platform can enjoy peace of mind with an insurance policy, SOC 2 Type II security process, and regular penetration testing done by simulating cybersecurity attacks from ComSec and NCC group.
XBO.com’s exchange platform meets the market need for user-friendly and reliable trading, leveraging social gaming UX elements to boost user experience. XBO.com makes buying and selling digital assets simple for amateur investors that find traditional crypto trading platforms intimidating and experienced investors alike. The company’s vision of “crypto for everyone” strengthens the founders’ belief that attracting newcomers to digital assets can elevate and empower all investors.
“We at XBO are relentless in our pursuit of investor security and compliance with the different regulations and AML policies,” says Lior Aizik, COO of XBO. “Our partnership with Fireblocks provides us with a significant edge in our ability to provide top security services aligned with market-top technology solutions to monitor and ensure protection and insurance of investors funds, enforcement of compliance guidelines and regulatory requirements.”
“We are proud to have XBO as a member of the Fireblocks Network and applaud XBO and its vision to make the investor experience even more accessible,” says Jonathan Dakin, Head of EMEA at Fireblocks. “XBO is expanding who can use crypto and how, and we are thrilled to offer top-notch custody technology for any investor seeking to buy digital assets on the exchange.”