February 4, 2025

Rakkar’s Adds Custody Support for Injective Network & INJ

Rakkar now supports institutional-grade custody for INJ tokens and the Injective blockchain, ensuring secure and compliant access for financial institutions. This collaboration enhances institutional participation in DeFi with Rakkar’s bank-backed security and Injective’s interoperable Layer 1 ecosystem.
Rakkar’s Adds Custody Support for Injective Network & INJ
  • Rakkar now provides institutional-grade custody support for INJ tokens and the native Injective blockchain, ensuring robust security with ISO 27001 and SOC 1 & 2 attestations for institutional clients.
  • The collaboration bridges traditional finance and decentralized finance (DeFi), providing developers and innovators with increased connectivity for institutional adoption on Injective.
  • Rakkar's custody solutions eliminate operational and governance risks while providing unmatched compliance and technical expertise in key protection protocols, fostering secure participation and innovation within Injective’s ecosystem.

A Secure Foundation for Institutional Clients

Rakkar is proud to announce our collaboration with Injective, a leading interoperable Layer 1 blockchain and smart contract platform. Financial institutions can now leverage Rakkar’s institutional-grade custodial solutions to securely hold INJ tokens and participate in the Injective network. This cooperation ensures that institutional clients can confidently engage with the Injective ecosystem, knowing that their assets are protected by Rakkar’s bank-backed security measures.  

What is Injective?

Injective is a layer-1 blockchain built for Web3 finance applications, enabling lightning-fast and gas-efficient transactions. It provides a robust ecosystem for building decentralized exchanges (DEXs), derivatives markets, and other financial applications, with features like cross-chain compatibility and advanced smart contracts. Injective is designed to empower developers and users to create and participate in a more open and inclusive financial system.

Why Does Injective Matter for Institutional Clients?

As decentralized finance continues to grow, institutional investors are increasingly looking to participate in DeFi ecosystems. Injective offers a unique opportunity for institutions to tap into the rapidly evolving DeFi market by providing a secure, interoperable, compliant, and scalable blockchain platform. By combining Injective’s cutting-edge technology with Rakkar’s trusted custody solutions, institutions gain a secure and efficient pathway to unlock the potential of decentralized finance. Institutional clients can benefit from:

  • Institutional-Grade Custody: Rakkar’s qualified custodial services ensures INJ tokens and tokens built on the Injective Network are stored securely using MPC-CMP and HSM technologies, backed with security excellence certified with ISO 27001 and SOC 1 & 2 attestations.
  • Multi-Chain Ready: Rakkar’s custody solution aligns with Injective’s interoperability, supporting assets across Ethereum, Solana, and other IBC-enabled chains.

Driving Innovation in Decentralized Finance

Rakkar enables financial institutions to confidently engage with Injective’s ecosystem and unlock new possibilities in decentralized trading, market creation, and cross-chain financial innovation. This integration further testifies Rakkar’s commitment to bridge the gap between traditional finance and decentralized finance, allowing enhanced connectivity and opportunities to financial institutions. For more information about the partnership and the services offered, please visit Rakkar Digital’s official website and Injective’s official website.    

About Injective Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban. Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter  

About Rakkar

Rakkar stands as Asia's leading qualified digital asset custodian, offering unparalleled asset security to financial institutions. Fortified by our strategic backing from SCB 10X, the investment arm of the Siam Commercial Bank, Rakkar provides digital asset custodial solutions with bank-grade security and compliance frameworks and an edge in operational agility. Founded in 2022 and belting esteemed security excellence certifications such as ISO 27001, SOC 1 Type 1 and SOC 2 Type 1 & 2, Rakkar remains unwavering in its mission to offer the most secure, institutional-grade custodian services across Asia.

Disclaimer: Digital assets involve risks; investors should complete independent due diligence and research to carefully make investments according to their own risk profile.
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Date
February 17, 2025
Category
Institutions
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