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Digital Identity, Security & Online Fraud

Velocity Ledger selects HLC Group for cybersecurity

Thursday 20 June 2019 | 12:19 PM CET

Velocity Ledger has chosen HLC Cyber Group as the provider of security technology and information security services for their two owned subsidiaries.

The two subsidiaries involved are VL Financial and Velocity Ledger Technology (Bermuda) that are the sole wholly-owned subsidiaries of Velocity Ledger Holding Limited, all of which were incorporated in 2018 as Bermuda exempted companies.

Moreover, VL Financial is engaged in the application process with the Bermuda Monetary Authority (BMA) to operate a digital asset exchange in Bermuda supporting asset-backed investment and real estate tokens. On the other hand, HLC delivers information security solutions to the regulated financial services industry and other regulated industries. It operates a leading cybersecurity management, auditing, and enforcement SaaS platform.

Helical and HLC are part of the HLC Cyber Group, which was founded in early 2014. Helical integrates assessment, protection, and remediation of information security services into a unified information security management SaaS based platform.

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