QCP Launches Tri-Party Solution with Fireblocks, Enabling Institutional Investors to Maintain Control of Their Collateral

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September 18, 2024
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PANews, September 18th - According to an official announcement, digital asset trading company QCP has launched a tri-party solution to enhance the protection of client assets. Powered by Fireblocks, the new tri-party solution reduces counterparty risk, strengthens security, and empowers institutional investors to retain control of their collateral. Key advantages of this solution include:

  • Self-Custody Control: Institutions retain control over their collateral, minimizing reliance on third-party custodians.
  • Enhanced Cost Efficiency: The streamlined tri-party model lowers fees and facilitates faster transactions.
  • Reduced Counterparty Risk: Tri-party control enables access to QCP's products with significantly reduced counterparty risk, fostering more secure transactions and asset management.
  • Security: Fireblocks' industry-leading security infrastructure safeguards digital assets throughout the entire process.
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