On June 15 Switzerland-based digital asset bank Sygnum published a post where it informed about delivering operations for DeFi tokens AAVE, Aragon (ANT), Curve (CRV), Maker (MKR), Synthetix (SNX), Uniswap (UNI), and 1INCH. In addition, the establishment will provide activities for dollar-pegged USDC.
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Making this move, Sygnum enters the Defi space. It is partnering with various DeFi networks to offer more options for enterprises and private customers.
Initially, the users will have the opportunity to invest in the tokens and use institutional-level custody, transfer, and purchase operations.
The business unit manager at the establishment, Thomas Eichenberger finds DeFi projects can change many financial points. He stated DeFi allows creating groundbreaking products that offer profitable profiles for their customers. The TVL in DeFi has hit $62 B. Currently, the leading DeFi platform is Aave. According to data provided by DeFi Pulse, its dominance index stands at around 14%.Although the prices of cryptocurrencies fell recently, the demand in the industry continues to be high.