Kula Integrates with Fireblocks to Enhance Security and Accessibility of Kula Tokens

Kula Integrates with Fireblocks to Enhance Security and Accessibility of Kula Tokens

Accesswire

Published

*DUBAI, UAE / ACCESSWIRE / May 9, 2024 / *By leveraging Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, Kula is pioneering the digital asset landscape through its innovative approach to the governance and tokenisation of Real-World Assets.

Kula connects global investors with a diverse array of real-world assets through blockchain. It reshapes the narrative of developing natural resources by profit sharing and providing governance to its local communities.

This Fireblocks integration marks a significant milestone for Kula as it fortifies the security and accessibility of Kula tokens, empowering both institutional and retail investors. Kula will leverage Fireblocks' robust infrastructure and cutting-edge technology to deliver unparalleled services tailored to Kula's unique ecosystem.

The initiatives facilitated by Fireblocks will revolve around the following key areas:

*Token Minting and Distribution:* Fireblocks will facilitate the minting of Kula tokens and provide accessibility to institutional and retail buyers through reputable exchanges.

*Interaction Management:* Fireblocks will be pivotal in managing interactions between KulaDAO and RegionalDAOs, streamlining token transactions and enhancing operational efficiency.

*Enhanced Security Measures:* By setting limits on the dollar amount transferred between wallets, both internally and externally within the KulaDAO ecosystem, Fireblocks significantly reduces security risks, safeguarding the token holder's assets.

*Secure Storage Solutions:* Kula tokens can be securely stored on the Fireblocks platform, providing additional safety and peace of mind for token allocation.

Samuel Chen, Co-founder at Kula, expressed enthusiasm about the integration, stating, "We are thrilled to be working with Fireblocks to reinforce the security and accessibility of Kula tokens. With Fireblocks' battle-tested technology and expertise in digital asset security, we are confident in providing a robust and user-friendly experience for our community."

For more information about Kula and Fireblocks, please visit kuladao.io and fireblocks.com

*ENDS*

*About Kula*

Kula is planning for its ICO in Q2 of 2024. Kula provides investors with a diversified portfolio of Real-World Assets whilst providing the ability to partake in decision making. Ahead of its token launch, Kula has already signed three contracts with a Limestone Concession, a Water Project and an Agricultural project.

Samuel Chen
Co-founder, KulaDAO
hello@kuladao.io

See here for more information: https://www.kuladao.io/learn-and-invest

*SOURCE:* KulaDAO
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