您现在的位置是:Berlin based crypto custodian Finoa to offer access to regulated DeFi >>正文
Berlin based crypto custodian Finoa to offer access to regulated DeFi
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛337人已围观
简介Finoa was approved by the German financial regulator BaFin earlier this year.Finoa will offer FinoaC...
- Finoa was approved by the German financial regulator BaFin earlier this year.
- Finoa will offer FinoaConnect to its 300-plus institutional clients.
- The FinoaConnect is a wallet integration with a curated list of permissioned DeFi platforms, web3 applications and blockchain governance scenarios.
Finoa, a cryptocurrency custody firm based in Berlin, is expanding its suite of services to offer its institutional clients easy access to a compliant form of decentralized finance (DeFi) through its custodial wallet infrastructure.
Earlier this year, Finoa secured regulatory approval from the German financial regulator BaFin, paving the way for this innovative move. The new offering, called FinoaConnect, integrates with a carefully curated list of permissioned DeFi platforms, web3 applications, and blockchain governance scenarios, serving over 300 institutional clients.
Wallet integration with permissioned DeFi platforms
Traditional financial institutions can now participate in DeFi lending pools and automated market making, but there is a critical requirement: they must have transparency regarding their trading counterparts. Consequently, this has led to the emergence of a more regulated subset of DeFi, characterized by enhanced anti-money laundering (AML) measures, such as integrated digital identity verification and the whitelisting of lending partners.
Finoa’s founder, Henrik Gebbing, noted a significant uptick in demand for enabling decentralized applications within Web3 environments through their custodial wallets. After evaluating various off-the-shelf wallet solutions, Gebbing concluded that they did not meet the stringent security and transaction integrity standards upheld by Finoa’s custodial wallet infrastructure, which had been meticulously developed over the past five years. Consequently, the decision was made to build FinoaConnect on top of their existing proprietary technology.
One key differentiator of FinoaConnect is its regulatory compliance. Gebbing emphasized that they do not simply connect Finoa wallets to any available decentralized application in the permissionless DeFi space. Instead, they offer a meticulously filtered and curated selection of decentralized applications (dApps) that clients can engage with.
While Finoa has not publicly disclosed the specifics of its curated list of web3 platforms, examples of DeFi offerings that align with institutional requirements include Aave Arc, Compound Treasury, and platforms like Maple Finance. These choices cater to the needs of regulated institutions seeking a secure and compliant entry point into the rapidly evolving DeFi ecosystem.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/49176.html
相关文章
Nvidia strengthens portfolio to offer more AI products and services
Berlin based crypto custodian Finoa to offer access to regulated DeFiBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.Chipmaker...
阅读更多
Amazon to test its Kuiper satellite internet services in 2024
Berlin based crypto custodian Finoa to offer access to regulated DeFiBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.Amazon pl...
阅读更多
Boeing's crewed Starliner mission could finally launch to ISS in July
Berlin based crypto custodian Finoa to offer access to regulated DeFiBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.SpaceX...
阅读更多
热门文章
- CEO of Ripple Says Company Might Relocate HQ
- AI chatbots could soon play a significant role in medicine
- The Bahamas Set To Launch Digital Currency This October
- ETH community chooses BTC and ADA as decent alternatives for transactions
- Australia’s Select Committee Urges Adoption of Blockchain
- Facebook's Meta supposedly considering NFT integration
最新文章
Researchers plan supercomputers that are powered by human brain cells
Astronomers target gravitational waves coming from dying star 'cocoons'
US and South Korea join forces to smash 'Kimsuky' hackers
Moon map: NASA just compiled a map of lunar water
First big winner in 2022, added value of 21%: buy POWR now
England legalizes commercial development of gene