© Reuters. Long gone are the days when decentralized finance (DeFi) used to be a distinct section for crypto frontrunners, whereas centralized finance (CeFi) used to be completely the owner of customers’ belief. Following the collapse of fundamental centralized organizations someday of the industry, much like FTX, Top Belief, and Celsius, among others, the user rotten — from merchants to asset managers — realized the importance of self-custody and started looking out evolved products and services someday of the DeFi dwelling.
Backed by Binance Labs, Velvet Capital provides an infrastructure for digital asset management to be accomplished completely on-chain and eliminates/minimizes the barriers to entry for emerging fund managers, allowing other folks from all skills ranges to fabricate and arrange on-chain funds and structured merchandise with minimal effort.
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