ALEX Lab’s XLink, committed to maintaining its leadership in DeFi security, has announced strategic partnerships with Fireblocks and Ancilia to bolster its security framework and operational capabilities.
In its first partnership, XLink will collaborate with Fireblocks, an enterprise-grade platform renowned for its secure infrastructure in managing digital asset operations. This partnership aims to enhance XLink’s wallet and smart contract management by leveraging Fireblocks’ advanced Multi-Party Computation (MPC) technology. MPC technology provides robust security measures for wallet and smart contract management, ensuring top-level protection for digital assets. This integration will streamline XLink’s digital asset operations, enabling secure, scalable, and efficient management while paving the way for future innovations and growth.
Fireblocks has the distinction of being the first company to achieve Cryptocurrency Security Standard (CSSS) Qualified Service Provider Level III certification by the Cryptocurrency Certification Consortium (C4). It is also SOC2 Type III Certified and has received ISO certifications for security (ISO 27001), cloud (ISO 27017), and privacy (ISO 27018).
The second partnership responds to a recent security breach, with XLink taking immediate and decisive action to strengthen its security framework and restore user confidence by partnering with leading Web3 security firm Ancilia. Through this partnership, XLink aims to become the most secure Bitcoin liquidity aggregator in the DeFi space, ensuring robust protection for users.
Ancilia will fortify XLink’s platform through continuous monitoring and real-time threat detection, providing instant alerts and enabling proactive measures to prevent breaches. Ancilia’s technology offers a holistic security framework covering all aspects of XLink’s operations, from smart contracts to user interactions. By adopting Ancilia’s advanced security measures, XLink aims to instill confidence in its users that their digital assets are protected by the most robust security infrastructure available. This partnership underscores XLink’s unwavering dedication to security and user protection.
XLink has already partnered with digital asset custody provider Cobo to enhance crypto management and establish new security standards in the blockchain industry. The collaboration is an essential part of XLink’s strategy to grow its influence in the Bitcoin decentralized finance (DeFi) space. By integrating Cobo’s advanced MPC technology, XLink has ensured unmatched security management of digital assets on its platform, preventing unauthorized access and boosting trust.
These strategic partnerships highlight XLink’s commitment to security and operational excellence, positioning it as a leader in the DeFi space. Enhanced security measures and operational efficiency are crucial for the sustained growth and adoption of decentralized finance platforms, and XLink’s proactive approach sets a new standard for the industry.
