ROA Core Transfers Custody of Foundation Assets to KDAC

IconCryptoNewsTerminal Staff22 Jul, 2024

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ROA Core Transfers Custody of Foundation Assets to KDAC

Under a newly signed agreement, ROA Core (ROA) has transferred custody of its foundation-held ROA assets to Korea Digital Asset Trust (KDAC), a digital asset custodian. This move follows the merger of Cardo, a virtual asset custodian that had previously entered into a custody agreement with ROA Core in September 2023, with KDAC. The transfer of assets was made to KDAC's custody wallet address, ensuring the secure storage of ROA's foundation assets. This agreement is a testament to ROA Core's commitment to the safekeeping of its assets and its ongoing efforts to provide a secure and reliable platform for its users.