The Ministry of Commerce of Madagascar has partnered with Gityer Exchange to provide "Tier 1" cryptocurrency custody and advanced services

Quick Summary:

Gityer Exchange's forward-looking strategy has made it very popular among individual investors, providing users with new investment channels distinct from traditional cryptocurrency investments.  This collaboration between Gityer Exchange and government departments marks another important achievement in Gityer’s development of "digital asset custody and advanced trading services,” highlighting Gityer's influence and reliability in the cryptocurrency field.

New York, NY, Jan.13, 2025 (GLOBE NEWSWIRE) -- Recently, the Ministry of Commerce of Madagascar announced its collaboration with Gityer cryptocurrency exchange, which will provide custody and advanced trading services for the Ministry's "Tier 1" digital assets.

According to the Ministry of Commerce, the Gityer contract will also streamline the custody, management, and disposal processes for cryptocurrency assets, diversifying the types of cryptocurrency assets the government can manage and dispose of.  The Ministry of Commerce has paid Gityer $18.65 million for the custody and processing contracts.  Gityer stood out for its robust security record and capability in institutional-grade cryptocurrency services.

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Article Details

Author / Journalist: Gityer

Category: Technology

Markets: ChinaMadagascar

Topics: Investment Development Trading Ministry Security Cryptocurrency Exchange Services Gityer Custody Commerce

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 14:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Readers: 58 people read this story

Article Length: 524 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © GlobeNewswire

News ID: 25106908

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