Unveiling Unido Institutional, Unido’s New, Full-Stack Bank-in-a-Box

06 April 2021

Unido is happy to announce a new feature for its financial services clients and users: Unido Institutional.

Unido was founded to bridge the gaps between cryptocurrency-powered decentralized finance (DeFi) and traditional, fiat-based finance. As a service, it is designed to help public and private enterprises enjoy the many benefits of blockchain-powered financial innovation. Unido provides an intuitive and performant user experience for better, smarter, more streamlined crypto-asset investment, management, trade, and operations.

Unido Institutional

Unido Institutional is the newest addition to the Unido crypto services lineup. It is a full-stack cryptocurrency bank-in-a-box that:

  1. Offers banks, brokers, exchanges, and custodial services the ability to offer crypto banking facilities similar to those provided by traditional bank accounts.
  2. Functions as a stand-alone crypto bank.
  3. Can be integrated with legacy fiat systems and with centralized CRMs.
  4. It can be used by traditional banks, cryptocurrency exchanges, crypto token and asset custodians, and more.
  5. It brings the power of the Unido platform to the traders and businesses that are looking for exposure to DeFi and cryptocurrency investment opportunities.

With Unido Institutional, Unido clients can:

  • Diversify their holdings: Users no longer need to place all of their assets and holdings in a single wallet that can become a lucrative target for malicious actors and is a significant risk for end-users.
  • Use Unido Institutional’s personalized wallets that allow them to see and “hold” their assets themselves while retaining control over transactions in end-user wallets.
  • Avail Unido’s proprietary multi-sig technology via which clients hold enough private key fragments to keep wallet balances secure. These fragments can be used to authorize transactions as well.

By doing all of the above, Unido Institutional helps its clients differentiate from mainstream crypto custody arrangements. It not only allows the end-user to maintain possession of their wallet address in their DApp wallet, but it allows clients to retain control when it comes to transaction approval.

The Unido fragmented key signing engine brings unmatched security to a growing marketplace that currently lacks such important services. It is a strong differentiating factor that dispels much of the market’s cynicism towards custodial arrangements where there is the ever-present risk of pooled assets being attacked and centralized arrangements where there is either break-in risk, a lack transparency, or limited liquidity to support en-mass withdrawals.

About Unido

Unido is an enterprise platform for decentralized capital markets. It enables institutions & corporate clients to securely store, manage and invest their crypto assets into decentralized finance networks. Unido is underpinned by proprietary key signing technology that provides enterprise-grade security for any transaction which utilizes it.

Founded in 2017 and with a market-ready product, Unido is led by an experienced team of ex-Goldman Sachs, ex-Macquarie and ex-Wipro with decades of experience in enterprise software development, financial services and agency blockchain development.

Blockchain, Crypto, Unido, Unido Product, Defi
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