Tagged: defi

July 20, 2022 @ 9:08 pm By JD Alois  |  

British Virgin Islands-based Seven Seas has announced the forthcoming launch of its non-custodial DeFi investment strategies According to a release, the Seven Seas team combines smart contract developers, data scientists, and experts from traditional finance (TradFi), and decentralized finance (DeFi), to actively manage investment portfolios… Read More

July 19, 2022 @ 10:27 pm By Omar Faridi  |  

Meow, the compliant crypto yield offering for corporate treasuries, recently announced it has closed on $22 million in Series A financing. The investment round was “led by Tiger Global, with participation from QED Investors, leading cryptocurrency exchange FTX, and others, and will be used to… Read More

July 18, 2022 @ 5:57 pm By Omar Faridi  |  

Digital asset firm Gemini recently revealed their upcoming partnership with the Pyth network in order to “bring accurate and trusted on-chain market data to users across the globe.” As a data publisher to Pyth, Gemini is delighted “to continue contributing to the growth of the… Read More

July 16, 2022 @ 10:10 pm By Omar Faridi  |  

Rome Blockchain Labs, the organization behind BENQI’s Liquid Staking protocol on Avalanche, recently announced a collaboration with Alluvial and the founders of BENQI “to build a compliant, enterprise-grade Avalanche (AVAX) liquid staking product.” This collaboration “offers institutions a secure AVAX staking option while participating in… Read More

July 15, 2022 @ 2:59 pm By Omar Faridi  |  

Roxe, a blockchain infrastructure company that is powering the next generation of payments and digital commerce solutions, announced the launch of its Roxe Payment Protocol (RPP) USD/EUR, USD/GBP and USD/PHP (Philippine peso) liquidity pools, which is reportedly one of the first set of DeFi liquidity… Read More

July 12, 2022 @ 4:52 pm By JD Alois  |  

Morpho Labs, a French research and software development firm, has raised $18 million to pursue its vision of a new decentralized lending protocol. The funding round was led by Andreessen Horowitz (a16z) and Variant. The company states that approximately 100 investors participate in the funding… Read More

July 6, 2022 @ 8:36 am By Omar Faridi  |  

Digital asset firm Kraken is pleased to announce that their crypto trading platform now supports Interlay (INTR). You can add INTR to your Kraken account “by navigating to Funding, selecting the asset, and hitting Deposit.” Trading will “begin June 30th.” Here’s what you need to… Read More

July 2, 2022 @ 11:27 am By Omar Faridi  |  

BEQUANT, the digital asset prime brokerage and exchange, is pleased to announce DeFi access for institutional clients, “realized through its recent integration with Fireblocks.” Clients will be able “to cross-margin between centralized and decentralized exchanges, making arbitrage trading more efficient.” DeFi marketplaces will be “fully… Read More

June 23, 2022 @ 8:02 am By Omar Faridi  |  

Citi (NYSE: C) announced that it has selected METACO to develop and pilot digital asset custody capabilities. This collaboration “brings together METACO’s technology and digital solutions with Citi’s expansive custody network to develop a platform to enable clients to store and settle digital assets seamlessly… Read More

June 20, 2022 @ 11:52 am By JD Alois  |  

Solend, an “interest rate machine” for lending on Solana, has recently encountered an issue with its protocol during a difficult time with the entire crypto sector. Solend has had to revamp its protocol due to an “extremely large margin position.” Apparently, an unnamed Whale was… Read More

June 11, 2022 @ 2:03 pm By Omar Faridi  |  

Circle has announced that they have signed agreements to acquire CYBAVO, which is a “breakthrough” crypto tech firm. Established in 2018, CYBAVO claims that it is a pioneer in core crypto security, custody, operations, and blockchain infrastructure platform services, “providing services to leading firms across… Read More

June 9, 2022 @ 11:17 pm By Omar Faridi  |  

Skolem Technologies, an institutional-grade asset management and execution services provider that enables investors “to access the DeFi markets in a safe, reliable way,” has announced that it raised $20 million in Series A funding. The investment round was led by Galaxy Digital and “included participation… Read More

June 5, 2022 @ 4:54 pm By Omar Faridi  |  

The team at Alloy, which specializes in identity verification APIs that make KYC/AML “effective and simple,” has looked into how DeFi has evolved into a “major” sector of crypto without running KYC or AML checks on users. The Alloy team members have looked at “Permissioned… Read More

May 31, 2022 @ 11:37 pm By Omar Faridi  |  

Merge has secured $9.5 million in capital via a seed round in order to create its API-powered banking and payments solution, effectively bridging the gap between fiat and cryptocurrency-based ecosystems. Merge aims to address the ongoing struggle that many firms in the crypto economy face… Read More

May 30, 2022 @ 4:47 pm By Omar Faridi  |  

Current fixed-rate products available in the Decentralized Finance (DeFi) industry are a critical component in the financial derivatives market; but drawbacks, “such as low interest rates, intense competition and lower overall attractiveness to investors remain,” according to an update from Huobi. A revamp that consists… Read More

May 26, 2022 @ 10:35 pm By Omar Faridi  |  

DeFiYield.app, a cross-chain decentralized security network and multi-chain digital asset management platform, announced that it has added Cardano-based DeFi protocols SundaeSwap and Minswap to its platform – “making it the first ever yield farming dashboard to integrate with the Cardano blockchain.” The new offering will… Read More

May 24, 2022 @ 1:04 am By Omar Faridi  |  

Nomura Holdings, Inc. (NHI) recently announced the creation of a new digital asset company that will “offer institutional clients a comprehensive suite of trading, investor products and investment services.” Due to launch later this year, the new digital asset company will “provide institutional clients and… Read More

May 23, 2022 @ 9:37 am By Omar Faridi  |  

Digital asset firm Gemini recently noted that they are pleased to confirm support for a new set of crypto tokens. Goldfinch (GFI) is now “available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on [their] Gemini Mobile App and website… Read More

May 23, 2022 @ 12:43 am By Omar Faridi  |  

Zipmex Group, a Southeast Asia-based digital asset platform, has invested in Forward, a Thai-based Fintech company specialized in DeFi Derivatives Trading, “backed by Genesis Block Ventures Capital is now valued at $50 million.” The investment, made by Zipmex’s business unit, Zipmex Labs, aims “to increase… Read More

May 19, 2022 @ 12:44 pm By Omar Faridi  |  

Fireblocks, the digital asset and crypto technology provider, recently announced the launch of a Web3 Engine with a suite of tools for developers “to build DeFi, GameFi and NFT products and services.” Fireblocks has also “unlocked secure access to the world of decentralized applications, exchanges,… Read More