Deutsche Telekom to store CELO tokens on Coinbase Custody

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Europe’s largest telecoms company by revenue has tapped Coinbase Custody for its Celo tokens.
Coinbase Custody, the crypto custodial solution offered by United States exchange giant Coinbase has been chosen by Deutsche Telekom to store its Celo (CELO) tokens.According to a release issued on Monday, the telecoms giant identified the robust security protocols offered by Coinbase Custody as a major reason for choosing the service.Deutsche Telekom invested in Celo back in April, becoming the first telecom member of the Celo Alliance for Prosperity. Apart from making a “significant purchase” of CELO tokens, Deutsche Telekom’s T-Systems MMS subsidiary also became a validator on the mobile decentralized finance Celo network.As previously reported by Cointelegraph, United States-based venture capital behemoth Andreessen Horowitz (a16z) delegated its Celo assets to T-Systems MMS. At the time, Katie Haun, general partner at a1

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Źródło: https://cointelegraph.com/news/deutsche-telekom-to-store-celo-tokens-on-coinbase-custody

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