Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Avantgarde, Agio Digital Unveil Institutional Onchain Funds Platform

Avantgarde, Agio Digital Unveil Institutional Onchain Funds Platform

CoindeskCoindesk2023/06/16 04:01
By:Lyllah Ledesma

The platform will allow for users to set up fully regulated on-chain funds.

Person overlaid with blockchain abstract image

Avantgarde Finance Group has partnered with Agio Digital, a digital assets and fund platform, to launch an institutional-grade on-chain platform.

The platform will allow users to establish fully regulated onchain funds, a press release said. Avantgarde provides tooling and asset management services on a decentralized finance system while Agio Fund Services, a subsidiary of Agio Digital, offers the fund setup, licensing and investor transaction management.

“Avantgarde and Agio have worked hand in hand over the last year to bridge the gap between institutions and blockchain-based asset management technology by wrapping DeFi vaults running on Enzyme into a fully compliant fund structure,” said the press release.

Enzyme is a non-custodial solution that automates operational and compliance and risk management functions for crypto on-chain.

“Asset management suffers from extremely high barriers to entry today, and this partnership changes that, whilst it also opens the door to institutions more familiar with traditional hedge-fund structures to access decentralised finance compliantly, and in a way they are already used to,” said Mona El Isa, founder and chief executive officer of Avantgarde.

The press release stated that the launch will reduce operational costs for clients by more than 80%.

Edited by James Rubin.

110

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

July 2024: Optimizing Balanced Through New Development

In July, ICON advanced its integration efforts and optimized system performance. Key achievements including completion of audits for Stellar, and contracts for Solana. Looking ahead to August we anticipate the deployment of Sui contracts to mainnet.|

Icon Foundation Blog2024/08/06 11:15
July 2024: Optimizing Balanced Through New Development