Friktion and Fireblocks Launch Institutional DeFi Partnership Medium

Meet KYC & AML requirements with Civic’s compliance tools for decentralized finance , public blockchains, NFTs, and businesses. Allow qualified, known users to participate in permissioned markets. Liquidity providers, dApp developers, and institutional participants can manage risk while creating trust in the DeFi ecosystem with Civic’s compliance tools. Civic Pass sets the stage for more checks and balances within the DeFi ecosystem. Users must meet rigorous requirements before being issued a Civic Pass to access a permissioned market and are monitored for ongoing adherence to the rules. AI-powered identity verification combined with human review to ensure that your users are real, always.

Manage financial crime risk, ensure regulatory compliance, and grow with confidence. Our crypto compliance services and solutions are used by regulators, financial institutions, and crypto businesses to detect and prevent financial crimes in cryptoassets. Businesses can rely on blockchain analytics to provide accurate and actionable insights across more than 100 cryptoassets.

Azure Blockchain Service

We manage the underlying regulatory and technological complexity of cryptocurrency markets with a turnkey, easy to integrate API-based solution. Build a new, consistent revenue stream, deepening existing client relationships and driving new ones. We operate with 99.99+% uptime, and as a regulated financial institution and qualified custodian, we ensure your customers’ crypto assets are secure. We provide an API-first, one-stop-shop platform that offers all of the capabilities needed to launch and scale crypto offerings for end users. The most advanced digital asset platform, for secure crypto custody, trading, staking, governance, and more. From the outside, the digital asset space can appear fragmented and overcomplicated.

Acala is an https://www.beaxy.com/-compatible smart contract platform that allows you to scale your DApp to Polkadot. It is a layer-1 smartcontract platform that is scalable, Ethereum compatible, and optimized to DeFi with built in liquidity and ready-made applications. Acala allows developers to access the best of Ethereum with the full power of substrate.

Genesis is a digital currency prime broker that offers investors a safe marketplace to borrow, lend, trade, and store digital currencies. Our OTC digital asset trading company is regulated by the SEC as a securities broker-dealer. You can lend and borrow digital assets and access alternative liquidity to meet your hedging, speculation, and working capital requirements.

Platform-Icon Tokenization A robust engine to easily consolidate your assets into stablecoins or security tokens. Platform-Icon Fireblocks Network The most connected institutional network gives you fast and secure on-chain settlement. Marks a first key milestone for Friktion Institutional, a new division focused on scaling their DeFi product offering to Treasuries, DAOs, and Asset managers. Needs to review the security of your connection before proceeding.

Crypto Exchange Case Study

Qredo is headquartered in London, UK, with development offices in Sofia, Bulgaria. Qredo is a well-funded, VC backed start-up with a clear mission and unprecedented demand for our products. The 1inch Wallet does everything that newcomers and seasoned pros want from a crypto app. It is a fast and secure non-custodial crypto wallet with a built-in DEX aggregator. Use the app to store, send, receive and trade crypto on Ethereum, BNB Chain, Polygon, Optimistic Ethereum (OΞ), Arbitrum, Gnosis Chain, Avalanche and Fantom in a protected and efficient way. The 1inch Wallet supports hundreds of tokens across all of these networks.

CREAM Finance is a DeFi platform that provides lending, exchange, payment, asset tokenization, and payment services. CREAM operates an open-source protocol that is permissionless and anonymous so anyone can participate in the development of the network. The goal is to achieve this without compromising the safety and security for each user and their assets. CREAM is a blockchain-based project that can use smart contracts to run Ethereum Virtual Machines. This setup allows CREAM to be more composable than other DeFi projects. EVMs are also able to help community users create their own decentralized apps , on top of the network.

BitGo processes approximately 20% of all global Bitcoin transactions, and supports over 600 coins and tokens. BitGo’s customer base includes the world’s largest cryptocurrency exchanges and institutional investors and spans more than 50 countries. TrustVault is the insured, user-friendly custodial wallet platform for institutional-grade security, automation and management of crypto assets. At rest or in motion, we make it safer, faster and easier for institutions and individuals to safeguard and administer crypto assets across blockchains, and DeFi.

It is built using Substrate Framework, and has on-chain governance. Transfer your existing applications from Ethereum onto Reef chain without having to modify your Solidity code. Transfer liquidity between Ethereum and Reef chains by deploying ERC-20 assets already on Reef.

Key Features of Fireblocks

Boost and Repay are convenient alternatives to fireblocks features that allow you to increase your leverage or repay debt. Convert your position’s collateral, borrow asset, or move it to a different protocol in one transaction. Smart Savings allows you to quickly access the best lending interest rates across all popular DeFi protocols. Multiple decentralized exchanges provide liquidity for ETH and Dai. All popular DeFi protocols can be managed in one application. All supported DeFi protocols, including MetaMask and hardware, are available.

You can create a new, consistent revenue stream by deepening existing client relationships, and generating new ones. We guarantee your alternatives to fireblocks‚ crypto assets security as a qualified custodian and regulated financial institution. We offer an API-first, one stop-shop platform that provides all the capabilities required to launch and scale crypto offerings. The partnership provides Fireblocks customers with a secure alternative for key backup and disaster recovery to ensure that users have access to and are in control of their assets at all times. Prime Trust’s universal asset platform is built on our proprietary core system, allowing for the custody of a wide range of various assets traditional institutions struggle to represent properly.

• This allows your business to secure cryptocurrency assets, quantify risk and remain KYC/AML compliant.
• Careers Hiring Join our team of experts and grow your career at the industry’s hottest tech company.
• Mint, trade, lend and borrow digital assets directly from your wallet.
• The community has created a vibrant digital economy, new ways for creators of online income, and many other benefits.
• Consumers demand flexibility and PrimeCore’s account types deliver.

Also, it offers full support for stablecoins and tokens (ERC20, TRC10/20, and BEP20). The fully customizable platform is available on UI and API and comes with reporting, transaction tracking, risk assessment, automatic red flags indicator, real-time alert features, and much more. Scorechain’s products allow traditional finance players and cryptocurrency companies to apply a risk-based approach to this new class of assets and fulfill all new regulatory requirements. Unbound’s Crypto Asset Security Platform can be used to create multi-party risk-based approval policies, which adhere to local regulations.

Monitor crypto businesses to ensure compliance with AML, evaluate KYC effectiveness, and audit their performance. The CipherTrace certified examiner training offers hands-on instruction on cryptocurrency tracing and blockchain. Your Bitcoin can be brought to life, you can launch new BNB projects, earn interest and rewrite finance.

Also, it is important to invest in your team to develop the knowledge required to stay compliant. CipherTrace provides cryptocurrency AML compliance solutions to some of the most important banks, exchanges and other financial institutions around the world. This is due to its best-in class data attribution, analytics and proprietary clustering algorithms.

It combines MPC key shard technology and proprietary optical air-gapping to ensure maximum safety. Client segregated cold storage and live trading accounts give you complete control over the custody, transmission, and disposal of digital assets. ECOS is a cryptocurrency investment platform that offers a cryptocurrency wallet, cryptocurrency exchange, crypto mining, crypto portfolio management tools and crypto savings accounts. ECOS Portfolio allows you to invest in digital asset portfolios. ECOS provides portfolios with different indicators of risk/return.

Trade your digital assets, and provide liquidity and earn. ALEX Launchpad is a decentralized platform for projects on Stacks to access community funding and the resources of the ecosystem. At ALEX, we build DeFi primitives targeting developers looking to build an ecosystem on Bitcoin, enabled by Stacks. As such, we focus on trading, lending, and borrowing crypto assets with Bitcoin as the settlement layer and Stacks as the smart contract layer. At the core of this focus is the automated market-making („AMM“) protocol.

• Fantom’s aBFT consensus protocol delivers unparalleled speed, security, and reliability.
• BitGo secures approximately 20% of all on-chain Bitcoin transactions by value and supports more than 600 digital assets within its platform.
• Institutions can access Covered calls, Cash-secured puts, Basis yield, and Principal protected strategies on 25+ crypto assets.
• Trade, transfer and take custody of digital assets on a decentralized network.

The bZx base protocol has been successfully audited by leading blockchain security auditor ZK Labs. Chainlink’s decentralized oracle network is used for price information. If undercollateralized loans are not properly liquidated, lenders are repaid from a pool funded by 10% of the interest paid by borrowers. Peace of mind with daily limits, locking, biometrics and more. The simplest and safest way to access Decentralised Finance on Ethereum.

Lenders add TrueUSD into a TrueFi pool to be used for lending, earning interest and farming TRU. Any unused capital is sent into the Curve protocol to maximize earnings. Borrowers submit proposals to borrow capital from the pool.

It also covers more than 2,000 cryptocurrency entities, more than any other Blockchain analytics company. Protection against money laundering, illicit money service companies and virtual currency payment risk. Crypto AML XRP compliance is made easier by knowing the transaction. Blockchain forensic tools are powerful and allow for investigations into criminal activity, fraud, or sanctions evasion.