Boosting adoption with DeFi asset administration: Velvet Capital joins Cointelegraph Accelerator

Gone are the times when decentralized finance (DeFi) was a distinct segment for crypto frontrunners, whereas centralized finance (CeFi) was absolutely the proprietor of customers’ belief. Following the collapse of main centralized organizations throughout the trade, similar to FTX, Prime Belief, and Celsius, amongst others, the consumer base — from merchants to asset managers — realized the significance of self-custody and began in search of superior companies throughout the DeFi area.

Backed by Binance Labs, Velvet Capital provides an infrastructure for digital asset administration to be carried out absolutely on-chain and eliminates/minimizes the boundaries to entry for rising fund managers, permitting folks from all experience ranges to create and handle on-chain funds and structured merchandise with minimal effort.

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