Tinlake Has Partnered With InsurAce

Published on: 15.01.2022

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

Market Stats:
BTC Dominance: 52.73%(+0.16%/24h)
ETH Dominance: 16.19%(-0.32%/24h)
Defi Market Cap: $83.48B(-20.27%/24h)
Total Market Cap: $2218B(+2.79%/24h)
Total Trading Volume 24h: $71.09B(-33.03%/24h)
ETH Market Cap: $358.83B
Defi to ETH Ratio: 23.27%
Defi Dominance: 3.57%
Altcoin Market Cap: $1048.37B
Altcoin Volume 24h: $41.27B
Total Cryptocurrencies: 29521
Active Cryptocurrencies: 9869
Active Market Pairs: 82575
Active Exchanges: 761
Total Exchanges: 8444
BTC: 59397.21$(-0.26%/1H)
ETH: 2990.04$(-0.32%/1H)
AVAX: 33.81$(-0.71%/1H)
BNB: 562.4$(-0.29%/1H)
MATIC: 0.72$(-0.28%/1H)
FTM: 0.67$(-1.32%/1H)
ADA: 0.45$(-0.45%/1H)
DOT: 7.18$(-0.66%/1H)
UNI: 7.06$(-0.78%/1H)
CAKE: 2.54$(-0.62%/1H)
SUSHI: 1.02$(-0.83%/1H)
ONE: 0.02$(-0.87%/1H)