INLOCK, the peer-to-peer financial provider announced that they have joined the FireBlocks network and from now on, digital assets are protected by a unique insurance policy. INLOCK has also introduced the 100% physical gold-based PAXG token, with which clients can not only access the digitized gold-based product, but they can also earn an interest using the Stake option.
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Stake option with a gold-based investment
“Gold-based solutions are extremely popular, especially in uncertain market conditions,” explained Csaba Csabai, INLOCK co-founder and CEO. “Companies using blockchain-based solutions are open to innovation. New York-based Paxos Trust Co. was one of the first ones to recognize the importance of blockchain-based, tokenized gold solutions, and created PAXG token. It is the only gold-based, regulated product on the market with a 100%-gold collateral, in case of which customers are also the owners of the physical collateral.”
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With PAXG tokens sent to Stake option, customers can achieve an annual interest of 2.25%, depending on the sum. The same Stake option offers an annual interest of 4.05% in case of Bitcoin, and 3.03% in case of Ethereum, with a one-month fixed-term contract.
Maximum safety for client assets
INLOCK has joined the FireBlocks network, which provides security for the largest blockchain-based financial companies in the world. It is an easy to use, enterprise-grade platform for financial institutions that need to streamline digital asset trading operations without sacrificing security. FireBlocks can securely transfer assets across exchanges, wallets, custodians, and counterparties and keep them readily available using patent-pending chip isolation security and MPC technology. FireBlocks, besides its premium services, has a unique insurance policy for clients and from now on, also for INLOCK.
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