8i Enterprises Acquisition Corp. (NASDAQ: JFKKU, JFK, JFKKW, JFKKR) (“JFK” or the “Company”), a special purpose acquisition company, has announced that Digivault, the secure digital asset custody provider and a group company of Diginex with which JFK entered into a definitive share exchange agreement dated July 9, 2019, is going to be listed in the Polymath Service Provider Marketplace, where security token issuers can connect with integrated providers including custody providers.
This will allow Digivault to broaden its reach into a burgeoning community of ecosystem participants, while offering Polymath users the opportunity to utilize Digivault’s simple and transparent custody services. Polymath provides organizations and issuers with the opportunity to create and manage a range of security tokens with ease and transparency, utilizing its smart contracts and its self-serve platform.
Digivault is committed to advancing transparency, security and inclusion in tokenized assets. Digivault believes that this collaboration with Polymath, which is also committed to building robust, regulatory adherent infrastructure, is an important stepping stone in the growth of the digital asset class, and this will expand the security infrastructure offerings for tokenized assets investors in the Polymath ecosystem while providing greater transparency for all users.
Digivault’s mantra of ‘Secure by Design’ is reinforced by internationally recognised standards and accreditations including Cyber Essentials Plus which is backed by the UK Government. Digivault has passed the rigorous process that ensures it has the measures in place to protect against the vast majority of common cyberattacks, including hacking, phishing, malicious software and ransomware and distributed denial of service (DDOS) attacks.