8i Enterprises Acquisition Corp. Announces That Its Intended Merger Target – Diginex Launches Helios, a Warm Custody Solution

By AIT News Desk On Apr 16, 2020

8i Enterprises Acquisition Corp., a special purpose acquisition company, announced that Diginex, a digital asset financial services and advisory company with which JFK entered into a definitive share exchange agreement dated July 9, 2019, announced that Digivault, a secure digital asset custody provider and a Diginex group company, launched Helios, a warm custody solution.

The Helios design meets the stringent standards demanded by the world’s most secure systems. Helios delivers logical protection against key duplication and/or theft, hardware protection of networks and operates from multiple military-grade secure locations run by a recognised third-party provider.

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Helios seamlessly integrates with Digivault’s cold storage solution Kelvin, launched last year. Kelvin offers secure, digital asset deep cold storage infrastructure inside the vaults of leading storage provider Malca-Amit. This cooperation enables Digivault to store client assets next to gold and silver in vaults that meet the highest grades of bank-entrusted vault classification and to store client assets in select locations in Europe and Asia.

Digivault’s mantra of “Secure by Design” is underscored by its compliance with internationally recognised standards and accreditations. This includes Cyber Essentials Plus Certification, which is backed by the UK Government and supported by the National Cyber Secretary Centre. Since 2016, the UK Government has invested around £1.9 billion (US$2.48 billion) on cyber security and dealt with thousands of significant incidents, requiring cross-government and industry responses.