The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
All Alt Coin

Sygnum to offer banking services to Aave, Uniswap, and other DeFi tokens 

by Miki 06/15/2021
by Miki 06/15/2021 0 comment

Switzerland-based digital asset Bank, Sygnum has launched institutional-grade custody and trading services for Aave and Uniswap, among other decentralized finance [DeFi] tokens. Interest and demand for decentralized tokens have been growing over the past year and the bank seems to be leveraging this interest to serve its clients.

According to the announcement, the banks will launch regulated banking services for Aragon [ANT], Curve [CRV], Maker [MKR], Synthetix [SNX], 1inch [1INCH] along with Aave [AAVE] and Uniswap [UNI]. Additionally, it will also provide trading and custody for USD coin [USDC].

#BreakingNews
Sygnum Bank now offers regulated banking services for leading DeFi tokens: #Aave, #Aragon, #Curve, #Maker, #Synthetix, #Uniswap, #1inch, as well as stablecoin, USDC by Circle.

➡ https://t.co/kyhaeZcVU9#DeFi, #digitalassets

— Sygnum Bank (@sygnumofficial) June 15, 2021

At first, the users will be able to directly invest in these tokens and use institutional-grade custody, transfer, and trading services. However, going forward the digital asset bank will offer a suite of DeFi yield-generating products and services across its banking as well as asset management offering. It revealed to launch “custom solutions” with DeFi partners.

Head of Business Units at Sygnum Bank, Thomas Eichenberger stated:

“The innovations in the DeFi space have the potential to transform many of the existing traditional use cases in the financial industry. They also offer opportunities to build and create new, cutting-edge digital asset products and services offering very attractive return profiles for our clients, especially in a continued low interest environment.”

The total value locked in DeFi has hit $60 billion already and it is expected to grow further. However, in May the trading volume and transaction number took a large dip. But this dip brought low fees and interest back. As Bitcoin held to a value close to $40,000 DeFi tokens have also been marching, often returning higher profits than the largest crypto.



Source link

Views: 13
AaveBankingDeFiOfferServicesSygnumtokensUniswap
Share
0
FacebookTwitterPinterestEmail
previous post
Bitcoin Water Trust Receives Over $1.3M BTC Donations For Charity within Three Weeks
next post
Coinbase Pro To List Shiba Inu, The “Dogecoin Killer” Price Soars

Related Posts

Are Solana’s bulls really strong enough to halt...

12/29/2021

IXFI Announces Launch of New-Age Exchange Platform

12/29/2021

Litecoin repeating history will have this effect on...

12/28/2021

More than just a game – what GameFi...

12/28/2021

Even as network hits one million users, FTT...

12/28/2021

Fintech Expert Makes Six Bold Predictions for Crypto...

12/28/2021

A recovery rally in play for Sushiswap, as...

12/28/2021

SEC Accused of Deliberately Trying to ‘Kill’ XRP...

12/28/2021

Recent gains may finally boost Aave’s dominance in...

12/28/2021

Santa Floki Price Rallies 5,000% after Elon Musk’s...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Polkadot (DOT), Dogecoin (DOGE) dump 5% as crypto markets correct

  • Ethereum (ETH) outflows spike to ATHs after dip to $4,000

  • What you need to know about this Cardano milestone

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$30,386.002.59%
  • ethereumEthereum(ETH)$2,076.292.97%
  • tetherTether(USDT)$1.000.13%
  • usd-coinUSD Coin(USDC)$1.00-0.23%
  • binancecoinBNB(BNB)$301.623.88%
  • rippleXRP(XRP)$0.4315292.83%
  • cardanoCardano(ADA)$0.5810.42%
  • SolanaSolana(SOL)$55.4810.71%
  • Binance USDBinance USD(BUSD)$1.000.41%
  • polkadotPolkadot(DOT)$11.231.92%
  • dogecoinDogecoin(DOGE)$0.0897542.74%
  • AvalancheAvalanche(AVAX)$34.045.40%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$30,353.002.37%
  • Lido Staked EtherLido Staked Ether(STETH)$2,044.073.51%
  • tronTRON(TRX)$0.0706121.00%
  • Shiba InuShiba Inu(SHIB)$0.0000133.60%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • daiDai(DAI)$1.000.10%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • CronosCronos(CRO)$0.1949505.47%
  • matic-networkPolygon(MATIC)$0.706.13%
  • litecoinLitecoin(LTC)$67.850.87%
  • NEAR ProtocolNEAR Protocol(NEAR)$6.914.20%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.950.66%
  • FTX TokenFTX Token(FTT)$31.611.47%
  • HederaHedera(HBAR)$0.389473-3.44%
  • bitcoin-cashBitcoin Cash(BCH)$203.13-2.36%
  • RareRare(RARE)$0.0461220.00%
  • cosmosCosmos Hub(ATOM)$12.1114.66%