FORDEFI’s Post

Drex, the digital version of the Brazilian Real, is poised to transform the country's payment. This innovative platform, issued by the Central Bank (BC), promises to bring greater security, efficiency, and convenience to financial transactions. In this post, we explore: ➡️ What Drex is and how it works ➡️ How Drex leverages technology for a more inclusive financial ecosystem ➡️ The benefits it offers for individuals and businesses Ready to learn more about the future of payments in Brazil? Swipe through the carousel and Read our blog post to know more! https://hubs.ly/Q02t-zV10 #facilitapay #drex #digitalreal #fintech #payments #investments #security #brazil #innovation #financialinclusion

Wirex Unveils Dual-Mode Card Transforming the Landscape of Financial Innovation The Wirex Dual-Mode Card offers users flexibility and control over their financial assets, providing two distinct modes to cater to diverse preferences. Pavel Matveev, CEO & Co-Founder of Wirex, said: “Wirex is proud to present the Dual-Mode Card, a catalyst for change in the financial landscape. It seamlessly integrates traditional and DeFi elements, giving users unparalleled control and flexibility – a true evolution in financial services.” https://lnkd.in/ehKA_XgP Jenny Kong Georgy Sokolov Anna Pham #FFNews #Fintech #FintechMagazine #FintechFinance #Paytech #PaytechMagazine #Insurtech #InsurtechMagazine #KYC #Lendtech #Regtech

“The plan is to develop an interoperable network for multi-asset transactions that aim to operate on a 24/7, programmable shared ledger. Building on the results of a previous industry PoC, this project will further research the settlement of tokenized cash and securities on a common system….” #Settlement #Tokenisation #Cash #Securities #SharedLedger #thefutureoffinance

📢 𝗖𝗿𝘆𝗽𝘁𝗼 𝗧𝗿𝗮𝗱𝗶𝗻𝗴: 𝗠𝗔𝗖𝗗 𝗮𝗻𝗱 𝗦𝘆𝗴𝗻𝘂𝗺 𝗕𝗮𝗻𝗸 𝗰𝗼𝗼𝗽𝗲𝗿𝗮𝘁𝗲 We are thrilled to announce Sygnum Bank as a new partner for #cryptotrading in our network! Sygnum is already MACD's second partner for trading #digitalassets. The solution enables MACD bank customers to trade and hold #cryptocurrencies automatically via existing interfaces to their core banking systems. "Our B2B platform enables access to a wide range of FINMA regulated banking services through one trusted entry point. MACD enables Sygnum’s B2B banking partners to seamlessly integrate crypto trading into their core banking system and provide a fast, reliable and secure experience,” says Fritz W Jost, Sygnum Bank Chief B2B Officer. The Zuger Kantonalbank is the first MACD customer bank to use the offer: "Since recently, we have been the first cantonal bank to offer easy trading and secure custody of the most popular cryptocurrencies. MACD supported us in setting up the necessary infrastructure and contributed to our customers being able to manage their traditional assets and cryptocurrencies in one and the same place via e-banking and mobile banking," says Hanspeter Rhyner, CEO Zuger Kantonalbank. To the media release: 👉 https://lnkd.in/eMfyyzga #macd #crypto #news #fintech

Are you ready to take your involvement in the world of #DeFi to the next level? Let's explore how you can participate in #liquidity pools and become part of the future of decentralized #trading! ✅ Step 1: Choose the Right Pool Various DEXes offer a range of liquidity pools based on different trading pairs. Select a pool that aligns with your preferred asset pair, such as FIL/ETH. This choice will help you capitalize on market opportunities. ✅ Step 2: Connect Your Wallet Connect your digital wallet to your preferred DEX. Ensure that your wallet supports the popular coins you wish to provide liquidity for and the other asset in your chosen trading pair. This connection will enable seamless transactions and interactions with the platform. ✅ Step 3: Deposit Assets Once connected, deposit your assets into the liquidity pool. Specify the desired amount of each asset you wish to contribute. The process is straightforward, and the platform will guide you through it, including any necessary approvals for token transfers. ✅ Step 4: Earn Fees with LP Tokens Upon depositing assets into the liquidity pool, you'll receive LP tokens representing your share of the pool. These tokens symbolize your ownership of the deposited assets and entitle you to a proportionate share of the trading fees generated by the pool. Sit back and watch your earnings grow! ✅ Step 5: Managing Your Liquidity To make the most of your liquidity provision, consider a few key points: 2️⃣ Monitor Your Pool: Stay up-to-date with your liquidity pool's performance. Some DEXes provide real-time information on liquidity, trading volume, and fees earned. This data empowers you to make informed decisions. 3️⃣ Adjust as Needed: Adapt your liquidity based on market conditions. Increase liquidity to deepen the pool or withdraw assets to reduce exposure. Flexibility is key! ✅ Step 6: Withdraw Your Funds When you decide to withdraw your funds, it's a simple process. Access the DEX interface, select the "Withdraw" option, and specify the amount of LP tokens you want to redeem. Your assets will be returned to your wallet—easy as pie! By participating in liquidity provision, you contribute to the growth of a vibrant decentralized exchange ecosystem while earning fees on your assets. It's a win-win! So, don't miss out on this exciting opportunity.

We are excited to share that our first session at the Digital money summit 2024 will be looking at the unified ledger: A 'quantum leap' for cross-border payments. 💱How can we achieve a seamless integration of the emergence of overlapping solutions (#RLN, #UDPN, #XC, #Icebreaker, #Partior) into the existing cross-border payment landscape? 🖥️What are the technical challenges that need to be overcome to ensure such a unified system delivers on the promised functions and is scalable and secure? 🪙What are the benefits of bringing different asset claims onto a single programmable platform? Speakers include: 👉George Chou, Chief Fintech Officer at the Hong Kong Monetary Authority (HKMA) Authority 👉Nick Kerigan, Head of Innovation at Swift 👉Tom Mutton, Director of Fintech at the Bank of England 👉Basak Toprak, Executive Director, EMEA Head of Coin Systems at Onyx by J.P. Morgan Moderated by OMFIF CEO, John Orchard. Register to attend here: https://lnkd.in/dZwu5JbU

“The future looks solid as regulation is increasingly constructive in most key financial centers and client demand for innovative digital asset products increases. 80% of our clients are now using our tokenization platform in addition to our custody solution. We are working on landmark transactions in the areas of tokenized funds, cash, and debt.” In a CryptoSlate interview, Taurus Co-Founder Lamine Brahimi, CFA discusses what’s next for tokenization, focusing on the regulatory challenges and approval process for both institutional and retail adoption.  👉 Read the full interview: https://lnkd.in/gxZ472tC

CoinFlip pre-reg process simplifies transactions https://lnkd.in/eZseTmi2

🥇 Together with Fnality International we completed the first end-to-end test of a cross-chain repo trade settlement at a precise moment in time, demonstrating interoperability across platforms.   💷  The testing showcases a trade-to-settlement cycle of an intraday repo across the Fnality Payment System (FnPS) and the HQLAᵡ Digital Collateral Registry, which bridges the distributed ledger technologies (DLT) of Enterprise Ethereum and R3’s Corda platform.   ⏱️ The successful E2E testing paves the way for the precise control and easy mobility of liquidity and collateral, ensuring the clearing of wholesale payments in minutes with unprecedented visibility and control. At the same time, it unlocks the ability to settle at a precise moment in time, thus laying the foundation for intraday markets.   🔗 HQLAᵡ are proud to be delivering interoperable solutions to the market!   #repo #dlt #control #liquiditymanagement #interop

The Luster Protocol's innovative approach to DeFi lending sets a new standard in the industry, bridging the gap between traditional finance and decentralized systems. Through its emphasis on risk reduction, yield optimization, and cross-chain compatibility, Luster empowers users to engage in more secure and profitable transactions. As the platform continues to evolve with upcoming algorithmic trading and derivatives features, Luster's transformative impact on #DeFi lending is set to expand even further, driving the ongoing transformation of the financial landscape. . ⏩ lusterprotocol.io ⏪ . #lusterprotocol , #yield , #crosschain , #lending