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Fireblocks Announces Intergration With DeFi Lending Platform Compound

Ramsey Baker

Summary: Fireblocks, the institutional digital asset security platform, announced they are integrating with decentralized finance (DeFi) lending platform Compound, which is currently the second-largest application built on Ethereum. Entities which utilize Fireblocks are now able to generate passive income by accessing Compound, an algorithmic interest rate protocol that manages $163 million in interest-earning digital assets including ...

Fireblocks, the institutional digital asset security platform, announced they are integrating with decentralized finance (DeFi) lending platform Compound, which is currently the second-largest application built on Ethereum.

Entities which utilize Fireblocks are now able to generate passive income by accessing Compound, an algorithmic interest rate protocol that manages $163 million in interest-earning digital assets including cryptocurrencies and stablecoins.

The partnership will permit institutions like market makers, hedge funds and exchanges to put assets on Compound.

By Ramsey Baker

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Link: Fireblocks Announces Intergration With DeFi Lending Platform Compound   [Copy]
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