DeFi

The fintech firm also plans to issue a fiat-backed euro stablecoin.

The FSB states that “specific features” of DeFi may see some of its vulnerabilities “play out differently”.

The venture capital firm’s total AUM now exceeds $500 million.

DeFi is causing a shift in the underlying infrastructure powering traditional financial applications.

EQIBank brings together traditional and crypto finance; EQIFi is launching decentralised finance (DeFi) products.