Blockchain
Spool brings institutions a customizable, risk-adjusted gateway to DeFi as demand rises
Spool, the DAO platform allowing users to build seamless DeFi products, brings customizable, risk-managed yield portfolios to institutions of any size. Institutional investors can now build tailor-made “Smart Vaults” Spool’s yield solution built for considered and diversified DeFi exploration.
With the collapse of FTX—the former symbol of legitimacy and forward-thinking in crypto—many blockchain enthusiasts fear institutions will step away from digital assets. But 62% of institutional crypto investors raised their allocations in the past 12 months, according to a recent Coinbase report. What’s more, 58% of investors plan to raise their allocations more over the next three years, suggesting institutions are taking a long-term view of the asset class even though prices remain low. Institutions will, however, step away from CeFi, which has proven it can’t deliver on the promise of digital assets in recent weeks. That will inevitably translate into a surge in demand for DeFi products.
Spool is positioning itself as the go-to platform for institutions looking to build customizable, risk-managed yield portfolios. Through its non-custodial platform, institutions can now access multiple attractive yield generators while maintaining control of risk appetite and portfolio diversification. Spool’s 5-step Smart Vault creation toolbox eliminates the complexity and obfuscated risk that often characterizes DeFi product creation. By walking through each step of portfolio creation, institutional investors can ascertain each facet of the Smart Vault to reflect their desired fund allocations and risk appetite.
Spool’s comprehensive framework empowers institutions to confidently enter DeFi by mirroring existing financial language and portfolio management options. Connecting the terminology and operational language of traditional finance to DeFi helps institutions and their clients better understand their DeFi investing strategies.
Spool’s on-chain DAO governance operates as a quality control mechanism that all yield protocols and risk models must pass before being integrated into its platform. Institutions creating Smart Vaults can then leverage their brand recognition and client trust by white-labeled yield portfolios through a software development kit. Customers of the institution can join a branded Smart Vault and attain all the benefits of the institution’s carefully crafted portfolio, while a customizable Performance Fee can generate additional income for the portfolio’s creator.
Backed by a no-code interface on top of which institutions can build, Spool removes the costly overhead and manpower required for institutions to fully harness DeFi’s flexibility and investment potential. By auto-rebalancing and auto-compounding portfolios, institutions can enter DeFi without hiring special development and management teams. Spool’s regulatory and technical compliance also operates at an institutional-grade level to assure investors and managers remain in line with all current and future laws regarding crypto.
“Institutions across traditional finance and crypto are still just scratching the surface of what is possible with DeFi and there is still a very clear interest to enter the field,” says Simon Schaber, Chief Business Development Officer of Spool. “We are proud that our platform is at the forefront of bridging the gap for those firms that are ready to go head-on into adopting digital assets while still operating in a familiar and secure framework to build the best DeFi products possible.”
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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