LABEL Foundation Integrates Binance Custody Cold Storage for LBL

LABEL Foundation has integrated with Binance Custody.

Binance Custody will support the LABEL foundation and LBL tokens.

 Binance Custody will utilize its institutional-grade cold storage service to protect LABEL’s digital assets.

The team at LABEL Foundation stated they believe in Binance Custody services due to its high level of commitment to user protection.

“In terms of security, Binance Custody distributes the control of your funds with industry-leading secure  MPC

threshold signing schemes, and offline key share storage,” the team added.

Speaking about the collaboration, Hyung Soon Choi, Chief Strategy Officer of Label Foundation remarked that choosing Binance Custody

was a no-brainer since it provides robust institutional-grade secure cold storage.