Enabling Institutions to access the best of DeFi
Singapore, Singapore–(Newsfile Corp. – November 6, 2022) – Friktion, Solana's leading portfolio management platform launched in December 2021, has successfully attracted crypto-native and traditional institutions managing up to $60 billion in AUM who seek to access leading risk-adjusted and transparent yields on DeFi. Friktion Institutional is a new arm of the protocol aimed to accelerate the momentum of institutions adopting DeFi infrastructure and portfolio management.
Friktion launches Institutional Undercollateralized Lending
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9038/143114_friktion.png
Friktion Institutional Credit, the new division's first product, unlocks access to a diversified source of returns in DeFi with fixed income. As the crypto credit markets mature alongside the addition of more sophisticated participants, Friktion aims to capitalize on this burgeoning market opportunity by leveraging a robust and decentralized risk management framework with institutional-grade infrastructure.
"It is evident that there is a growing demand for institutional crypto credit. In order for the market to mature, however, there needs to be a more sophisticated solution that offers a robust yet transparent infrastructure for institutions – with an emphasis on lender seniority, clear credit underwriting standards and risk management."
– Ken Chia, Head of Friktion Institutional
Friktion Institutional…
KISS PR Podcast Story Source link
This is the "wpengine" admin user that our staff uses to gain access to your admin area to provide support and troubleshooting. It can only be accessed by a button in our secure log that auto generates a password and dumps that password after the staff member has logged in. We have taken extreme measures to ensure that our own user is not going to be misused to harm any of our clients sites.