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Bridge Mutual Unites with Unido to Enhance Internal Security

Tuesday March 09 2021, 12.00pm

The Bridge Mutual ($BMI) team is eager to announce a new partnership with Unido ($UDO), a growing enterprise crypto banking suite. By integrating Bridge Mutual’s widget into Unido’s multi-signature enterprise wallet, we are able to effectively protect each other from risks.

Unido’s platform enables enterprises to manage and invest their crypto assets securely. The Unido Enterprise Platform features a centralized dashboard, DeFi vault, and wallet management system that is secured by multi-party computation (MPC) algorithm. However, given the self-custodial nature of the wallet, it is prudent to create an additional layer of protection to safeguard against extreme edge cases that could potentially result in loss of value, no matter how unlikely.

With this in mind, we are excited to announce that Unido will create a section on their application for user coverage in collaboration with us. This new partnership between $BMI and $UDO will certify an integration of discretionary coverage that will eliminate probable hazards between users in our network. Additionally, Bridge Mutual will explore the application of Unido’s Multi-sig key management system to enhance internal security controls.

“We believe that the future of finance is decentralized, so it made sense to find a discretionary coverage provider platform for our client’s digital assets which matches our decentralized mantra. Bridge Mutual is best in breed and will provide seamless in-app financial protection, making Unido the only solution enterprises need to control, manage, invest and now protect their digital assets.”

— Chris Weddle, CEO of Unido

“Bridge Mutual and Unido have discovered some great synergies and we’re thrilled to be integrating into their wallet and providing coverage. Unido is really leading the wallet space in innovation as a wallet with in-app coverage capabilities.”

— Mike Miglio, CEO of Bridge Mutual

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