Ethereum: Consensys Moves 15 Percent to Custodian

Consensys Moves 15% LINEA Tokens to Secure Custodian

• Consensys Treasury is transferring its 15% allocation of LINEA tokens to a qualified custodian for secure, long-term storage.
• The custodian ensures regulatory compliance and provides insurance coverage for the stored tokens.
• LINEA is an Ethereum layer-2 scaling solution developed by Consensys.
• The assets will be managed by regulated entities specializing in crypto asset custody.

Consensys Treasury has moved 15% of its LINEA token allocation to a regulated custodian for secure storage, ensuring compliance and insurance coverage for these digital assets. This move involves the Ethereum-based layer-2 solution, LINEA.