TechFlow News, March 11: According to The Block, Anchorage Digital—a cryptocurrency financial services provider and the first federally chartered crypto bank in the United States—has announced a strategic investment in blockchain security firm Immunefi and acquired its native token, IMU.
Immunefi will simultaneously provide security services for Porto, Anchorage’s non-custodial wallet, enabling institutional clients to directly participate in DeFi protocols and on-chain investment strategies. To date, Immunefi has secured over $180 billion in total value locked (TVL) across on-chain protocols and has paid out more than $130 million in bug bounties to white-hat hackers.
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