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

Gone are the times when decentralized finance (DeFi) became once a selected segment for crypto frontrunners, whereas centralized finance (CeFi) became once absolutely the proprietor of customers’ belief. Following the give map of predominant centralized organizations within the synthetic, such as FTX, High Belief, and Celsius, amongst others, the person sinful — from traders to asset managers — realized the importance of self-custody and commenced buying for evolved products and companies within the DeFi condo.

Backed by Binance Labs, Velvet Capital provides an infrastructure for digital asset management to be done completely on-chain and eliminates/minimizes the barriers to entry for rising fund managers, allowing other folks from all abilities levels to fabricate and manage on-chain funds and structured products with minimal effort.

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