Federating Finoa’s regulated, secure custodial services with Centrifuge’s platform for tokenized RWAs, Finoa and Centrifuge have formed a partnership to transform the custody of real-world assets (RWAs) via blockchain.
This partnership improves the blockchain management of RWAs for institutional investors in terms of accessibility, security, and compliance.
Through the integration of FinoaConnect with Centrifuge, Finoa—a leading regulated crypto custodian—unveiled its newest technological milestone, changing the landscape of institutional blockchain-based asset management.
Together, Finoa’s stringent, institutional-grade custody services and Centrifuge’s cutting-edge platform for tokenized RWAs are preparing to bring in a new age for the safekeeping of investments in real-world assets (RWAs).
This agreement opens up new opportunities for institutional investors in DeFi by ensuring the safekeeping of assets in Centrifuge’s RWA pools in accordance with regulatory requirements. It also improves the compliance and security of blockchain-based asset management.
“The relationship between Finoa and Centrifuge represents a major step forward in the widespread use of blockchain technology for asset management,” said Henrik Gebbing, co-founder of Finoa. With an initial emphasis on Anemoy’s Liquid Treasury Fund available via Centrifuge, he emphasized the venture’s potential to provide investors with a safe way of storing their money on the Centrifuge platform.
The integration of FinoaConnect into the Centrifuge dApp has greatly simplified the way institutional investors may interact with Centrifuge’s pools. Not only does the integration make participation and redemption easier, but it also guarantees that all transactions are carried out in an incredibly secure and transparent context.
“Our relationship with Finoa is a critical step towards expanding our real-world asset solutions to a bigger institutional audience,” said Centrifuge’s forward-thinking founder and CEO Lucas Vogelsang, who was ecstatic about the partnership. In order to strengthen institutional involvement in decentralized finance, he went on to explain how Centrifuge’s on-chain fund management solution and Finoa’s strong custodial services work together.
The fact that Finoa and Centrifuge are increasing their joint efforts to investigate potential new institutional applications of blockchain technology is encouraging news for the industry’s prospects. The two companies have joined forces to create cutting-edge software solutions that will help digital asset management better include physical assets.
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