3 days ago

BitGo Bank & Trust and Concrete Partner to Offer Institutional DeFi Access in Qualified Custody

TLDR: BitGo Bank & Trust is OCC-chartered, providing the regulated custodial layer for the new institutional DeFi platform. Concrete’s vault architecture uses synthetic asset representations to reduce bridge risk in onchain strategies. Institutions can access vetted onchain vault strategies without moving assets out of qualified custody. Both firms plan to expand the platform to support [...]

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Source: Blockonomi →