Israeli startup Curv, a provider of security infrastructure for digital assets, has formed a partnership with UAE-based crypto trading platform and custodian HAYVN, according to Finance Magnates.
This marks the first commercial agreement between cryptocurrency companies from the two countries since the signing of the normalization agreement between Israel and the UAE, the publication noted.
Curv’s headquarters are in New York, but its research and development units are located in Tel Aviv.
The startup hopes that the partnership will help promote its security technologies not only in the Emirates but beyond. In addition to the UAE, Israel has normalized relations with Bahrain.
HAYVN co-founder Christopher Flinos noted that the choice of a security storage partner resulted from an “extensive global search in the industry”.
According to Curv’s site, its partners include the eToro platform, the cryptocurrency company Genesis, and the Korean Bitcoin exchange Korbit.
Back in July, Curv raised $25 million in a Series A funding round.
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