According to PR Newswire, Nasdaq-listed company DeFi Technologies has announced a strategic partnership with Fire Labs to launch a compliance stablecoin issued by a US-licensed bank, officially entering the real-world asset (RWA) space.
It is reported that the stablecoin uses a 105% over-collateralization mechanism and is accompanied by the issuance of compliance tokens that can generate income. As a strategic partner, Kraken will provide access support through its institutional platform Kraken Embed.
In addition, DeFi Technologies also completed a 19.5% minority investment in AFT, the parent company of Fire Labs.
DeFi Technologies plans to partner with Fire Labs to launch a stablecoin
2025-05-20 12:57:55
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
DeFi Technologies 拟与 Fire Labs 合作推出稳定币Next article：
金色晚报 | 5月20日晚间重要动态一览
