New updates have been reported about 1inch (PC:ONCHH)
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1inch, a leading DeFi ecosystem, has been appointed as the exclusive swap provider for the launch of Ledger Multisig, marking a significant collaboration between the two entities. This partnership integrates the 1inch Swap API into Ledger’s multisig architecture, enhancing security for on-chain treasury operations. By eliminating the need for blind signing, a common vulnerability in treasury management, the integration allows transactions to be reviewed in a clear, human-readable format, aligning with governance and asset transfer standards. This development is crucial for DAOs, funds, and enterprises seeking secure and transparent transaction processes.
The integration of 1inch’s Swap API offers Ledger Multisig users access to verifiable swap routes, deep liquidity aggregation, and MEV-resistant execution paths across multiple chains. This collaboration not only sets a new security benchmark for treasury operations but also allows 1inch to adopt Ledger’s signing technology to bolster its own treasury workflows. Sergej Kunz, co-founder of 1inch, emphasized the importance of creating safer and simpler self-custody tools for the DeFi industry. With this partnership, 1inch and Ledger are paving the way for more secure and seamless DeFi operations, providing organizations with the tools to manage assets confidently and securely.