Telindus, a provider of cloud, ICT and telecommunications services, announced today that it has partnered with Ledger Enterprise Solutions, experts in institutional digital asset security, to bring the best in world technology to the Luxembourg financial market.
Ledger Enterprise Solutions will supply Telindus with its Ledger Vault technology, a self-custody digital asset solution for custodians, exchanges, banks and traditional financial institutions. Telindus will also use the consulting services of Ledger Enterprise Solutions under the agreement.
Telindus has adapted the governance rules for Ledger Vault to comply with local Luxembourg financial regulations. These rules are applied locally by Telindus PSF experts in Luxembourg.
“Telindus is an established player that quickly recognized the opportunity behind crypto and digital assets as a whole. As such, they have contributed to the development of our industry. We pride ourselves on working with them by providing our security and technology expertise. We can now address the Luxembourg market with a compliant turnkey solution for the custody of digital assets. “
– Alexandre Lemarchand, Vice President Global Sales & Partners, Ledger
Luxembourg is a stable country with a strong economy in the heart of Europe. There are many reasons to choose Luxembourg: One of only ten countries in the world with an AAA rating, whose growth is consistently above the EU average. 40% of all European Tier IV data centers are hosted in Luxembourg with low latency connections to all major European Internet hubs.
Financial services in Luxembourg benefit greatly from this stability. Luxembourg is a leading economic player that offers high quality infrastructures and services to connect business with the digital world.
“Ledger is a recognized leader in both security and digital asset management. We look forward to working with you to meet a growing demand in the industry: asset custody. “
– – Daniel Soriano, Head of Core Banking Services & Cloud Business, Telindus