Curv, a U.S.-based digital asset security infrastructure provider, announced on Thursday it has joined forces with ConsenSys to launch Curv DeFi, which is a decentralized finance (DeFi) solution specifically created for institutions. According to Curv, Curv DeFi builds on the company’s integration with the Compound protocol earlier this year.
“Through this endeavor, Curv will leverage MetaMask’s market-leading DApp interoperability and user interface (UI) to provide clients with a unique offering that combines ease-of-use with the enterprise-controls and enforcement mechanisms institutions require to build out their DeFi strategies.”
Curv DeFi enables institutions to do the following:
- Accelerate DeFi strategy by avoiding custom integrations for all DApps and DeFi protocols
- Benefit from the same enterprise-level controls and protections they are accustomed to for their digital asset operations
- Leverage the institutional onramps needed to conduct secure transfers in support of their DeFi strategy
While sharing more details about the DeFi project, Curv Co-Founder and CEO, Itay Malinger, stated:
“We believe by combining our unique multi-party computation (MPC)-based security infrastructure with MetaMask we will be able to play a significant role in the institutional adoption of DeFi. We are excited by the launch of our institutional DeFi solution and look forward to helping MetaMask achieve the same level of success in the institutional market that they have in retail.”
Patrick Berarducci, Global Fintech Co-Head, ConsenSys, added:
“MetaMask is the premier non-custodial experience for interacting with DeFi applications. We are excited to partner alongside technology leaders like Curv to build institutional-grade operations and compliance that traders need in order to really start growing their participation in DeFi.”