Summary
- Anchorage Digital announced that it has integrated Uniswap’s decentralized finance (DeFi) features into its own wallet solution, Porto.
- Through this integration, institutional investors can now use the Porto wallet to access a range of DeFi functions such as swaps and liquidity provision.
- Cointelegraph reported that as institutional interest in digital assets increases, DeFi offers advantages such as fast transaction speeds and diverse settlement benefits.
Cryptocurrency bank Anchorage Digital is now helping institutions enter decentralized finance (DeFi) through its wallet solution.
According to Cointelegraph, a digital asset-focused media outlet, on the 23rd (local time), Anchorage Digital has integrated Uniswap’s decentralized finance functionalities into its own wallet solution, Porto, enabling institutions to use Porto for a variety of operations such as swaps and liquidity provision.
Clients of the Porto wallet include Maple Finance, Sui Foundation, and dYdX.
The outlet explained that “institutional interest in digital assets is rising globally,” and “decentralized finance can provide institutions with benefits such as faster transaction speeds and various settlement advantages.”
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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