VECHIAIS enters partnerships: Dual-token model for the safe custody of VET and VTHO through institutional cooperation

VECHIAIS enters partnerships: Dual-token model for the safe custody of VET and VTHO through institutional cooperation

VECHAIN: Innovative solutions for institutional custody of VET and VTHO

Veakain, a leading blockchain platform, has recently announced a cooperation to offer institutional investors to offer the custody of cryptocurrencies VET and VTHO. This initiative aims to meet the security requirements of institutional investors and to strengthen trust in digital assets.

A central element of this cooperation is Vechain's dual token model. This model enables a clear separation between the utility token VET (VECHAIN ​​TOKEN) and the administration token VTHO (VECHAIN ​​THOR Energy). While VET is mainly used for access to the Vechain blockchain and the use of DAPPs, VTHO serves as a fuel for transactions on the platform. This separation is crucial to ensure the efficiency and safety of the custody and to meet the specific requirements of institutional investors.

Through cooperation with institutional actors, Vechain not only wants to make access to digital asset management easier, but also make a contribution to the establishment of standards in the industry. The increased security infrastructure and compliance with regulatory requirements are of great importance in order to further promote trust in blockchain technology and its possible uses.

Overall, VECHAIN ​​shows with this initiative that blockchain technology is increasingly being accepted in the institutional area and that innovative solutions for the storage of digital assets are developed in order to meet the needs of this important target group.