
announcements
announcements
Oct 7, 2024
By combining Palisade’s advanced custody services with Circuit’s automated asset protection features, disaster recovery protocols, and business continuity solutions, this collaboration is expected to deliver cutting-edge security and risk management solutions for Palisade’s clients, enhancing their ability to navigate and mitigate high-risk scenarios in the digital asset space.
Tom Kiddle, Co-Founder of Palisade, said:
“Our partnership with Circuit is an exciting development for Palisade as we continue to build on our commitment in delivering the highest standards of security and continuity for our clients. Circuit’s innovative approach to digital asset protection aligns perfectly with our mission to provide secure, resilient custody and wallet infrastructure. Together, we can ensure our clients’ operations remain uninterrupted, even in the most challenging scenarios.”
Harry Donnelly, CEO of Circuit, added:
“We are excited to partner with Palisade to deliver enhanced security and business continuity services to their clients. Circuit’s immediate response and recovery solution complements Palisade’s robust custody services, creating a powerful defence against a wide range of risks. This partnership allows us to deliver a comprehensive, integrated solution, ensuring clients can protect against reputational damage and operate with peace of mind.”
Circuit provides automated solutions for responding immediately and effectively to high-risk scenarios, such as platform failure, loss of private keys, counterparty cessation, and hacking, without reliance on a trusted third party.
Through this partnership, Palisade’s clients will benefit from automated asset protection features, which allow digital assets to be swiftly transferred into secure backup environments in the event of a threat. Circuit's trustless operation also minimises risks associated with key management, enabling Palisade to provide an even more robust service for managing and recovering digital assets.
The announcement follows a period of growth for Palisade, which includes a partnership with T-Blocks to enhance real estate tokenization in the Balkans, a strategic partnership with CapSign to enhance blockchain-based equity management and investment solutions as well as joining the DeRec Alliance, a group committed to making the process of securing and recovering digital assets, accounts, passwords, and other secrets as simple as in Web2.
Palisade is a digital asset custody and wallet infrastructure provider, offering highly secure, compliant, and scalable solutions for businesses operating within the blockchain space. With an emphasis on transaction governance, private key management and regulatory compliance, Palisade enables its clients to safeguard and manage their digital assets confidently. For more information, visit Palisade
Circuit is a blockchain security platform designed to safeguard digital assets, focusing on automated disaster recovery and business continuity solutions. Circuit eliminates the need for trusted third-party intervention, offering rapid and trustless protection for digital assets. For more information, visit Circuit.