Odaily Planet Daily News Berlin-based cryptocurrency custodian company Finoa is expanding its range of brokerage and cryptocurrency staking services to include easy access to regulatory-compliant DeFi through the company’s custodial wallet infrastructure.
The custody provider is offering FinoaConnect, a wallet integration with a range of licensed DeFi platforms, to its more than 300 institutional clients after receiving licensing approval from German financial regulator BaFin earlier this year, the company said on Tuesday. Web3 applications and blockchain governance scenarios.
Finoa did not reveal its curated list of Web3 platforms, but institutional-friendly DeFi products include Aave Arc, Compound Treasury, and Maple Finance, among others. (CoinDesk)