Tag Archives: assets

Lif3 collaborates with BitGo to enhance blockchain security for institutional DeFi assets – Blockchain News, Insights, Videos, Opportunities

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Road Town, British Virgin Islands, March 13, 2024, Chainwire

riff 3 (LIF3/USD)(LIF3/USDt) an innovative multi-chain DeFi Layer-1 Ecosystem The company, which operates on Ethereum, Polygon, BNB Chain, and Phantom, is pleased to announce a strategic partnership with. bitgo, an industry-leading secure and qualified institutional custodian. This collaboration represents a major step forward in securing and democratizing access to blockchain technology for users around the world. riff3.com Leverages BitGo’s pioneering multi-signature technology for custody transactions and cold storage. Lif3 token, L share token, and L3USD.

“We are excited to support Lif3’s goal of increasing access to DeFi with our industry-leading secure custody solution. This partnership will allow Lif3 users to feel secure and confidently participate in the DeFi ecosystem. Become.” mike belsheCEO of bitgo.

“This strategic partnership not only strengthens the security of digital assets for institutional customers, but also instills new confidence in secure storage and transaction capabilities within the Lif3 ecosystem, creating a new gold standard for asset protection in the DeFi space. As a supporter of the LIF3 ecosystem, I am very excited to leverage BitGo's renowned multi-signature authority custody solution to fully protect its core assets. By partnering with BitGo, recognized as the industry standard for security, we are able to leverage BitGo's cutting-edge cold storage technology to provide an innovative and unparalleled layer of security for Lif3 tokens, LSHARE tokens, and L3USD. It will be. My relationship with BitGo spans over 10 years, I've been using their products since 2013, and their product offerings have evolved from, for example, protecting Bitcoin to creating Wrapped Bitcoin (WBTC). I've been doing it. “It was an easy decision for him to choose BitGo to protect the Lif3 ecosystem.” Harry YehManaging Director quantum fintech group.

This partnership supports Lif3's vision of a simpler, more secure, and more interactive user experience, and facilitates seamless consumer DeFi acquisition through .riff 3 walletYou can download it from “. app store and google play.

This BitGo announcement Lif3’s recent Ethereum migration announcement strategic partnership with layer zerois an alliance designed to address the challenges associated with token bridging for a more secure and efficient blockchain experience.

riff3.com And that “Riff 3 Wallet” continues to be an interesting platform for those investing in the future of decentralized finance and blockchain technology. With a commitment to continuous improvement and innovation, Lif3 has established itself as a frontrunner in shaping the future landscape of the digital economy, and through the Lif3 mobile app, a one-stop solution for adoption, investment, and trading, Lif3 We are realizing our vision of breaking down barriers to adoption. , earn money, play games, and off-ramp.

About Lif3.com

Lif3.com is a complete omnichain DeFi ecosystem that includes carefully selected layer 1 blockchains and self-custodial wallets. ‘Lif3 Wallet’ is available on the App Store and Google Play – Unlocking the potential of Web3 through consumer DeFi, iGaming and entertainment sectors

LIF3

LIF3 (LIF3) is an ERC-20 token that powers the LIF3 ecosystem, providing a comprehensive suite of features for managing digital assets across multiple blockchains while allowing users to benefit from staking. Offers. To access $LIF3 on Bitfinex, please visit: https://trading.bitfinex.com/t/LIF3:UST – The API symbol for LIF3 is LIFIII. bitfinex

twitter | Lif3 news and updates | How to buy LIF3 with ETH or USDT on Ethereum

For the official LIF3 logo and branding, please visit:

https://docs.lif3.com/brand-assets

About BitGo

Founded in 2013, BitGo is a leading provider of secure digital asset wallet solutions, offering institutional-grade custody, staking, trading, and core wallet infrastructure. Notably, the company pioneered multi-signature wallets and launched BitGo Trust Company, the first certified custodian of digital assets, in 2018.with $250 million insurance policy, SOC 1 Type 2 and SOC 2 Type 2 certification, and strict regulatory compliance, BitGo guarantees high standards of security and confidentiality. BitGo has expanded its services and introduced his institutional-level DeFi, NFT, Web3 products, and the Go Network. In 2023, the company secured $100 million in Series C funding, giving it a company value of $1.75 billion. BitGo supports over 700 digital assets, processes 20% of on-chain Bitcoin transactions, and serves his over 1,500 institutional customers in 50 countries.

Disclaimer

Custody services are provided through BitGo Trust Company, a South Dakota chartered trust company. BitGo is not registered with the SEC and does not provide legal, tax, investment, or other advice. Please consult your legal/tax/investment professional with any questions regarding your specific situation.

About Quantum Fintech Group

Quantum Fintech Group is a private investment group founded in 2020 that focuses on providing superior returns in the alternative asset space with a particular focus on blockchain investments.

twitter: https://twitter.com/quantumftg

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Chantel Elloway
Lif3 Labs Limited
media@lif3.com

Source: the-blockchain.com

Ondo Finance Introduces Real-World Assets and High-Yield Stablecoin USDY to Sui on Blockchain Platform

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Grand Cayman, Cayman Islands, February 7, 2024, Chainwire

Ondo’s upcoming integration of Sui will provide native access to new tokenized assets such as on-chain treasuries, securities, and stablecoins.

Sui, a Layer 1 blockchain that has seen explosive growth since its launch eight months ago, today announced that Ondo Finance is expanding into the Sui ecosystem. With this expansion, Sui Network’s first native dollar-denominated token (including stablecoins and interest-bearing stablecoin alternatives) will be available in the form of Ondo USD Yield or “USDY” (a U.S. Treasury-backed interest-bearing token issued by Ondo).

Ondo’s expansion to Sui further builds on Sui’s ferocious DeFi momentum and demonstrates the growth and demand for financial applications and native on-chain functionality. Sui’s DeFi volume has increased over 1200% since October, and Sui recently ranked in the top 10 of his DeFi ecosystem as measured by TVL.

Ondo Finance is the third largest platform bringing tokenized derivatives of real-world assets onto public blockchains, with $185 million in new TVL launches in the first week of late January There is over $1 billion in governance token transactions. In addition to stablecoins, Ondo’s flagship Treasury-backed tokens, tokenized securities, and real-world assets create countless new opportunities for Sui-based teams.

Ondo’s expansion into the Sui ecosystem also continues the trend of top projects actively choosing to integrate into Sui. For example, in December 2023, Solend, the leading Solana lending protocol, announced the launch of a Sui-native lending protocol, and decentralized derivatives exchange Bluefin similarly announced the launch of V1 Arbitrum to focus entirely on Sui. Implementation finished.

“People using our platform expect fast and efficient transactions, which should be essential for any blockchain project,” said Nathan Allman, Founder and CEO of Ondo. ”. “Sui’s growth and network performance clearly confirms that the network is a great fit for his Ondo ecosystem.”

Tokenized Treasury products represent tradable tokens backed by real-world assets, and their presence on Sui is an important step toward growing DeFi across the ecosystem and industry. It becomes.

“Ondo is an amazing addition to the Sui ecosystem, creating new opportunities for Sui builders and developers, and creating a stablecoin-like offering with native yield that provides essential new functionality to users of their applications. Provide assets.” Sui Foundation. “Sui’s DeFi volume is already growing at an incredible rate, and the addition of Ondo will make that trajectory even stronger. I'm looking forward to seeing how you use it.”

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Sui Foundation
media@sui.io

Source: the-blockchain.com