Sygnum’s integration mitigates counterparty risks and enhances cybersecurity protections

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According to the firms, the integration mitigates counterparty risks while trading on exchanges and provides additional protection against increasingly sophisticated cybersecurity attacks.
"Counterparty risk awareness in crypto comes in cycles, and the recent major cyber-attack has triggered one of the largest waves of exchange derisking since FTX," Sygnum's chief product officer, Dominic Lohberger, said.