Madagascar’s Ministry of Commerce has partnered with the Gityer cryptocurrency exchange to manage its “Tier 1” digital assets. This collaboration, backed by a payment of $18.65 million, will enhance the custody, management, and disposal of the government’s cryptocurrency holdings. Gityer was chosen for its strong security measures and proven track record in providing institutional-grade crypto services. With over 4,000 institutional users and custody of more than $150 billion, Gityer is a leading platform in the crypto space. This partnership highlights Gityer’s reliability and influence, positioning it for further global expansion in the rapidly evolving digital asset Market.
Madagascar’s Ministry of Commerce Partners with Gityer for Cryptocurrency Custody Services
New York, NY, January 13, 2025 – The Ministry of Commerce of Madagascar has recently formed a partnership with Gityer cryptocurrency exchange to enhance its management of digital assets. This collaboration will provide advanced custody and trading services for the Ministry’s “Tier 1” cryptocurrency assets.
After a thorough six-month evaluation process, the Ministry chose Gityer for its secure and scalable services. This decision will help streamline the custody and disposal of its cryptocurrency assets, allowing the government to diversify its digital portfolio.
Gityer is known for its robust security measures and experience in institutional-grade cryptocurrency services. With over 4,000 institutional users and custody funds exceeding $150 billion, Gityer has established itself as a trusted platform for large crypto fund management. Their commitment to investing in advanced blockchain and quantum encryption technology ensures top-tier security for all transactions.
The Ministry of Commerce has allocated $18.65 million for the custody and processing contracts with Gityer. This partnership not only marks a significant milestone for Gityer but also reinforces its reputation within the cryptocurrency industry. By collaborating with government entities, Gityer is set to expand its global influence and develop its digital asset services further.
For more details about Gityer and its services, visit their official website at www.gityer.net.
Keywords: Madagascar cryptocurrency, Gityer exchange, digital asset custody services
Secondary Keywords: cryptocurrency management, institutional-grade exchange, blockchain technology
What is the partnership about?
The Ministry of Commerce of Madagascar is working with various organizations to improve trade and support local businesses. This means they want to make it easier for companies to sell their products and connect with customers.
How will this partnership help local businesses?
This partnership aims to provide resources, training, and support. Local businesses will get help in Marketing, finding new markets, and improving their products, making it easier for them to grow.
What kind of resources will be available?
Businesses can expect access to workshops, online tools, and information on best practices. They may also receive financial support or guidance on how to apply for loans.
Can anyone join this program?
Yes, the program is open to all local businesses in Madagascar. Whether you run a small shop or a larger company, you can benefit from this partnership.
How can I get more information?
For more details, you can visit the Ministry of Commerce’s official website or contact their office directly. They will provide the latest information and resources available through this partnership.
