Valk moves in on DeFi space


Market-leading tokenisation platform VALK is expanding into the Decentralised Finance (DeFi) market with the launch of its unique Aggregator platform connecting traditional finance with the vast liquidity locked up in DeFi and offering the chance to achieve higher yield (please see the attached press release).

Analysis of industry data reveals that over the past two years or so, the value of assets held in decentralised finance (total valued locked – TVL) has been increasing on average by around $10.27 billion a month, $337.5 million a day, or $14 million an hour. The TVL is now around $247 billion, a rise of around 49,300% since November 2019.

VALK has developed the portfolio management system which enables institutions to manage their DeFi positions on one interface on a smart account aggregating deposits from liquidity providers and connecting with other DeFi protocols including Compound, Aave and Maker. The platform is being launched as institutional investors increasingly dominate DeFi transactions accounting for 60% of all transactions in Q2 2021.

The Aggregator platform is a non-custodial portfolio management system for digital asset managers and funds and is an API for lending and borrowing defi protocols, connecting financial institutions to all crypto markets and enabling a variety of yield-generating strategies to be deployed.

VALK, which has already supported in excess of $4bn USD worth of deals in a year on its private markets digital transaction and tokenisation platform used by more than 70 financial institutions across Europe, North America, the Middle East, and Africa, plans to launch Aggregator in November 2021 in beta testing and launch in January 2022.

This news is republished from another source. You can check the original article here.

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