A16z to tap Deutsche Telekom subsidiary as Celo validator

The United States-based venture capital fund Andreessen Horowitz (a16z) has picked T-Systems MMS validator group, a subsidiary of Deutsche Telekom, to delegate its native Celo (CELO) assets.

According to a notice on Deutsche Telekom’s website on Tuesday, T-Systems MMS is running the validator nodes via the company’s Open Telekom Cloud which reportedly delivers robust security capabilities.

As previously reported by Cointelegraph, Deutsche Telekom invested in Celo back in April, becoming the first telecom firm to join the Celo Alliance for Prosperity. At the time, the company also purchased a significant amount of the mobile decentralized finance platform’s native token — CELO.

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