Cryptocurrency News

Fireblocks expands institutional access to Terra’s DeFi ecosystem

04/26/2022

Less than a minute

2022.04.26 18:36

Fireblocks expands institutional access to Terra’s DeFi ecosystem

Fireblocks, a digital asset custody platform, announced that it has enabled institutional decentralized finance (DeFi) access to Terra (LUNA), the second-largest DeFi protocol by total value locked (TVL). As per the announcement, Fireblocks users can now securely access all the decentralized applications (DApps) built on the Terra blockchain.

The launch is in response to Fireblocks’ early access program users, who invested over $250 million into the Terra DeFi ecosystem within the first 72 hours of its integration going live. According to Michael Shaulov, CEO of Fireblocks, institutional demand for DeFi is only continuing to grow, adding that:

04/26/2022

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