SEBA Bank Introduces Program for Clients to Earn Yield on Crypto
The Swiss regulated firm is tapping into demand from institutions for income from digital assets.
SEBA Bank Exec on Launching Program for Clients to Earn Yield With Crypto
Digital asset platform SEBA Bank has introduced a product that will let clients earn a yield on their crypto holdings. Institutions can generate rewards from proof-of-stake protocols such as Polkadot, Tezos and Cardano, with other networks to be added over time. Urs Bernegger, Co-Head of Trading and Investment Solutions at SEBA Bank, discusses the launch, the role of Europe in DeFi, and his crypto markets assessment.
NEAR’s Aurora Raises $12M to Expand Ethereum Layer 2 Network
The platform allows EVM contracts to run on the NEAR blockchain, and may have a burgeoning DeFi ecosystem on the horizon.
With $8.5M in Funding, Can Strips Finance Make DeFi Derivatives Click?
The funding round for the Arbitrum-based platform included Sequoia Capital India and Multicoin Capital.
With $8.5M in Funding, Can Strips Finance Make DeFi Derivatives Click?
Strips Finance has raised $8.5 million to launch a new derivatives platform in November that will initially enable interest rate swaps (IRSs) via automated market makers (AMMs), the decentralized exchanges over which much of DeFi is transacted. CEO Ming Wu shares insights into the launch as part of the latest effort to overcome the ecosystem-wide reluctance in DeFi to embrace more complex financial instruments.
XDEFI Releases Cross-Chain Wallet for DeFi, NFTs
The Chrome extension aims to compete by offering access to blockchains not available on MetaMask.
Binance Dedicates Another $1B to Smart Chain Project
Binance’s latest move came as a number of other new Ethereum-alternative projects are also dedicating hundreds of millions of dollars in incentives.
DeFi Perpetuals Exchange Futureswap Launches New Version After $12M Funding Round
Framework Ventures, Ribbit Capital and Placeholder.vc are backing a project that taps into existing liquidity pools on Uniswap.
Airdrop Ethics: VC Firm Draws Ire Following $2.5M Ribbon Finance Exploit
The DeFi community has once again found itself embroiled in a debate concerning the nature of on-chain ethics.
NFT Rentals: Why VCs Are Backing a Puzzling New Project
Animoca Brands is leading a $1.5 million bet on reNFT, a year-old DAO that lets you rent out NFTs on the Ethereum mainnet.
