Ledger Vault Enters Into Agreement with YouHodler To Protect and Secure Funds – Stockhouse

YouHodler becomes the first lender to utilize the digital asset security and infrastructure of the global leader in safety solutions

PARIS, June 24, 2020 /PRNewswire/ — Ledger, the global leader in security and infrastructure solutions for critical digital assets and blockchain applications, has announced that YouHodler, a FinTech platform and crypto-backed loan service provider, has selected Ledger Vault, the multi-authorization digital asset wallet management solution, to be implemented across its platform, offering users an added layer of security and safety.

YouHodler, an EU and Swiss-based company, will adopt Ledger’s high standards for liquidity management by integrating Ledger Vault’s unparalleled digital asset management system into its lending platform to add an additional layer of security for its users in a simple and safe manner. Ledger Vault will provide the security infrastructure to protect YouHodler’s customers and their digital assets.

The incorporation of Ledger Vault will serve YouHodler’s need to provide its users protection for their cryptocurrency assets. In addition, branded Ledger Nano devices will also be offered to a population of users. Ledger Vault’s technology, unlike that of traditional custodial solutions, enables platforms to build highly secure, multi-signature governance rules while ensuring liquidity within the platform is maintained at an optimal level on a 24/7 basis. The Vault technology creates a secure, flexible, and agile environment that will enable YouHodler users to secure their crypto-assets on the Ledger