SlowMist and Sinohope Partner to Set New Standard in Institutional-Grade Digital Asset Security
Global blockchain security firm SlowMist and HK-listed private banking-grade custodian Sinohope have formed a strategic partnership to establish new benchmarks in institutional-grade digital asset security. Signed by SlowMist CISO Zhang Lianfeng and Sinohope CEO Weng Xiaoqi at the Hong Kong Blockchain Summit, the agreement covers blockchain security services, anti-money laundering (AML) solutions, and advanced security research. SlowMist will contribute expertise in security audits, Blockchain Threat Intelligence (BTI), MistTrack crypto tracking and defense deployments. Sinohope brings over a decade of zero-incident operations, Type 1, 4 and 9 SFC licenses, and concierge-style custody, trading, investment and inheritance solutions for high-net-worth clients. This collaboration seeks to drive industry security standards, enhance digital asset custody and compliance, and foster a safer environment for institutional investors. By combining expertise in institutional-grade digital asset security, both firms aim to boost confidence and support the sector’s sustainable growth.
Bullish
This strategic tie-up between SlowMist and Sinohope strengthens institutional-grade digital asset security and AML compliance, addressing a key market concern—safeguarding assets. Enhanced blockchain security services and licensed custody solutions are likely to boost institutional confidence and inflows. In the short term, market sentiment may improve on news of reduced counterparty risk. Over the long term, setting higher security standards and formalizing private banking-grade custody can drive broader institutional adoption, similar to past bullish reactions when leading custodians expanded compliance capabilities. Overall, the partnership signals positive momentum for crypto market stability and growth.