Defactor and Centrifuge Partnership
Defactor is delighted to announce its partnership with Centrifuge, the leading protocol helping borrowers finance real-world assets without banks or intermediaries.
Accessing liquidity is a must for those entering the Decentralised Finance (DeFi) market. Centrifuge unlocks tokenization of real-world assets, serving investors who crave access to the market but do not possess the technicality, knowledge, and time to manage liquidity pools in the DeFi space. Centrifuge, at the time of writing, already has over $25m Total Value Locked and is rapidly growing by the month.
Established to bridge the gap between traditional and decentralised finance, Defactor provides a decentralised platform through which asset originators around the world can tap into a vast network of DeFi liquidity pools. Defactor will have access to Centrifuge’s incredible technology to help connect the two aspects of finance.
Commenting on the partnership, Martin Quensel (Centrifuge co-founder) stated:
“Centrifuge is embedded in DeFi to connect it to the Real World. We understand composability as a Proof-of-Decentralization and broadening composability options on the investment as well as origination side like here with Defactor is a key success factor.”
Having built and operated platforms in the trade finance space that have provided millions of dollars worth of financing to asset originators, the team behind Defactor has already established success in the DeFi space, including being in the process of onboarding onto MakerDAO, which delivers DeFi to Real World Asset owners. Defactor and Centrifuge will work together to enhance the onboarding processes for new asset originators seeking to obtain liquidity from Centrifuge’s Real World DeFi platform.
Additionally, both parties will seek to leverage the scalability of decentralised finance to fund real-world use cases, thereby furthering the DeFi agenda and taking it in new and exciting directions.
Commenting on the partnership with Centrifuge, Defactor CEO Ernesto Vila stated:
“We are so excited to have such an experienced team with such an aligned mission and vision. Centrifuge is a pioneer in a movement that is fundamentally changing the methods in which people invest, and we are so glad to be entering into a long-term partnership with them. This collaboration will greatly help us in our mission of bringing real-world assets to Decentralized Finance.”
About Centrifuge
Centrifuge bridges real-world assets like invoices, real estate, and royalties to DeFi. Centrifuge is unlocking economic opportunity for all by connecting people to borrow and lend money transparently and cost-effectively; free of rent-seeking intermediaries and the inefficiencies of traditional finance.
About Defactor
Defactor is an easy-to-use integration and risk management platform to effortlessly control your DeFi investments. It features a simple-to-use application to authenticate and onboard assets, allowing for cryptocurrency and FIAT bridging; connection to liquidity pools; protection through insurance; along with strong governance and community support.
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