Blockdaemon, a pioneer of encryption infrastructure, has acquired Expant.network, which is a single application programming interface in the world of non -central financing (Defi), with the aim of enabling large financial institutions to reach the chain smoothly.
The accurate price paid for Asside.network was not disclosed, but Blockdaemon said that the deal was worth two millions of dollars. The company provides API access to Defi, enabling communications for more than 170 end points, including Dexs, bridges, lending protocols and papers.
Also, the long -awaited organizational clarity comes to encryption in the United States, the large banks and financial institutions are studying the point of entry into the world of financing on the series.
Blockdaemon, which calculates banks such as Goldman Sachs among their supporters, helps about 70 % of the 500 best active institutions in encryption, which includes the operation of more than 250,000 contracts across 40 data centers, as well as curtain rewards processing, and recently creating cross borders,, Self -fraud portfolio Offers for adult players.
Constantine Richter, founder and CEO of Blockdaemon, said the next logical step for banks and institutions provides easy access through Blockaemon portfolios, mutual and equipped in the world of complex lending, borrowing and automatic liquidity.
“Defi will make the ongoing financial infrastructure much cheaper for banks and institutions, as you will evaluate many institutional advantages over time,” Richter said in an interview. “It is still clear that there is still a lot that should happen in terms of organizational clarity, adoption and decentralization.
(March, 19, 13:10 UTC): changes from expansion to Expant.network
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