COVAL is a tradable crypto token and platform for movable value enabled by Emblem Vaults.
An Emblem Vault is a unique token that enables the transfer of entire Multicoin Wallets without the need to convert native assets to Synthetics (wETH, wBTC).
An Emblem Vault can contain within it any type of digital asset, be it native blockchain assets (ETH, BTC) layer 2 assets (ERC20, ERC721), or P2P stored digital files (IPFS, DAT)
Vaults act as NFTs that have their own publicly visible public key(s) and addresses.
