August 01, 2018 387By Robert Johnson
“The acquisition of Trust Wallet will add an on-chain mobile wallet to the list of Binance services with other future integration possibilities. The Trust Wallet brand and team will retain the autonomy and freedom to develop the core product while benefiting from the increased synergy from Binance.”Moreover:
“As a technology driven company, Binance’s acquisition of Trust Wallet shows the importance of secure wallet technology for the future development of cryptocurrency as a whole. As Binance’s first public acquisition, we hope to continue providing our users with improved security, services and support.”See the full announcement for yourself, here. By associating with a company that levitates on total security, Binance are cleaning up their act for further international adoption. Binance want to become the biggest cryptocurrency exchange in every country. The only way they can do this is by ensuring that they comply with each and every regulation. Since these regulations are almost always focused on security, by locking down their security now, the expansion of Binance going forward, will be far easier in the future.