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SINOHOPE and MetaTrust Announce Strategic Partnership to Enhance Web3 Security

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【21 December, 2023, Hong Kong 】Sinohope Technology Holdings Limited (stock code: 1611.HK, "SINOHOPE"), an all-in-one platform for digital assets custody, and MetaTrust, a leading provider of blockchain security solutions, are pleased to announce their strategic partnership aimed at bolstering Web3 security.

One of the core elements of this partnership is the integration of MetaTrust's cutting-edge security features -- MetaScout into SINOHOPE's platform. By leveraging these advanced security measures, SINOHOPE aims to provide its customers with enhanced protection against potential threats and vulnerabilities in the digital asset ecosystem.

The partnership will focus on the integration of MetaScout's chain transactions awareness  solution. This solution leverages advanced transactions analytics and anomaly detection algorithms to monitor and identify unusual patterns or suspicious activities within the blockchain network. By incorporating this solution into SINOHOPE's platform, customers can benefit from real-time monitoring and timely alerts, enhancing the overall security of their digital assets.

Through this strategic partnership, SINOHOPE and MetaTrust aim to set new industry benchmarks for Web3 security. By combining SINOHOPE's expertise in digital asset custody services with MetaTrust's cutting-edge security solutions, the two companies will enhance the overall security posture of the Web3 ecosystem.

Andrew Zhang, CTO of SINOHOPE, said: “We are excited to partner with MetaTrust to strengthen the security of our platform, the integration of MetaScout will provide an additional layer of protection for our customers' assets and reinforce our commitment to delivering secure and compliant digital asset custody services."

"We are delighted to collaborate with SINOHOPE to enhance Web3 security," stated the cofounder of MetaTrust. "By integrating MetaScout into SINOHOPE's platform, we aim to provide users with peace of mind, knowing that their digital assets are protected by advanced security measures."

About SINOHOPE:

Sinohope Technology Holdings Limited (stock code: 1611.HK, “SINOHOPE”) is an all-in-one platform for digital assets custody, focusing on digital asset custody and provides a variety of custody solutions to help every enterprise use digital assets safely and conveniently. SINOHOPE adopts MSC-CMP technology to support users to manage private key fragmentation and collaborative signature in a distributed way, which solves the single point risk of private key and effectively increases transparency and ease of use.

Adhering to the principles of security, compliance, professionalism and diversity of services, SINOHOPE provides easy-to-use centralized and decentralized mixed services. Based on the MPC self-custody platform and licensed digital asset custody services, SINOHOPE also provides customized OTC desk, virtual assets management, Web3 Full-stack Suite and other products and services for institutional and high net worth clients.

Company Website：www.sinohope.com

Investor Inquiry：[email protected]

Media Inquiry：[email protected]

About MetaTrust:

At MetaTrust, our primary focus is on creating a secure infrastructure that caters to the needs of developers in the WEB 3.0 space. Our team comprises highly skilled security researchers and seasoned professionals from both academia and industry. We offer an array of automation tools and security services to assist Web3 developers and project stakeholders in achieving a secure development environment.

Website：https://metatrust.io/

Twitter: https://twitter.com/MetatrustLabs

Medium：https://medium.com/@MetatrustL

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