- Ledger Enterprise Solutions has made an agreement with Ovex.
- Ovex will utilize the Ledger Vault platform.
- The collaboration with Ovex will help secure Ledger clients’ digital asset portfolios.
Recently, Ledger Enterprise Solutions has made an agreement with Ovex to utilize the Ledger Vault platform. Ovex, the South African-based digital asset prime broker helps secure Ledger clients’ digital asset portfolio.
Of note, Ledger Enterprise Solutions is a core business unit of Ledger, a leader in security for crypto and blockchain applications. Currently, the company offers products and services specifically engineered with the needs of enterprise and institutional clients in mind.
On the other hand, Ovex is a South African cryptocurrency exchange platform. They offer the largest selection of digital asset markets in South Africa and specialize in OTC trading and arbitrage.
Although the company was initially founded to bring institutional-grade digital asset services to clients in South Africa. Right now, it is already expanding across Europe, Canada, Dubai, and Australia.
Through this integration, their clients can have complete control of their assets from trading to offline storage. With that said, Ovex will definitely benefit from Ledger Vault’s end-to-end security infrastructure.
Vice President of Global Sales and Partnerships at Ledger Enterprise Solutions, Alexandre Lemarchand, shared his sentiments on this.
There was a natural synergy from the start of this partnership. Ovex provides a seamless experience for high volume traders to buy and trade crypto while the Ledger Vault acts as the platform’s security guard and regulatory counselor. As Ovex expands into new markets and territories, we are committed to strengthening this synergy by providing best-in-class security and regulatory guidance.
It can be recalled, Ledger scored a customized crime insurance program for up to $150 million. The money insured is for its Ledger Vault platform led by the prestigious Arch Lloyds of London syndicate. Thus, all Ledger Enterprise Solutions clients including Ovex will surely benefit from this secured and insured platform.