Tinlake Has Partnered With InsurAce

Tinlake has partnered with InsurAce to provide insurance cover for digital assets.

Tinlake is a fully decentralized financing protocol that interoperates with different blockchains and plugs into a variety of funding sources. Through Tinlake pools, businesses or ‘Asset Originators’ can responsibly finance real-world assets such as invoices, mortgages or streaming royalties through DeFi and access bankless liquidity. They do this by tokenizing their financial assets into NFTs (non-fungible tokens) and use these as collateral in their Tinlake pool to finance their assets.

Tinlake is the investment app from Centrifuge, a network that provides access to fast, cheap capital for small businesses and stable yield for investors.

About Tinlake/Centrifuge

Centrifuge is a network that provides access to fast, cheap capital for small businesses and stable yield for investors.
Tinlake is Centrifuge’s investment application that acts as an open marketplace of real-world asset pools. Investors can look through pools provided by Asset Originators and invest in the ones that work for them.

About InsurAce

InsurAce is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with flexible underwriting mining programs to create sustainable returns for the participants; and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.

➡️Source:
https://blog.insurace.io/tinlake-and-insurace-io-confirm-partnership-to-provide-insurance-cover-for-digital-assets-a1badbdeb576

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