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Fireblocks expands institutional access to Terra’s DeFi ecosystem -Breaking

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Terra’s DeFi ecosystem is now available to institutions through Fireblocks

Fireblocks is a digital asset custodian platform that announced it had enabled decentralized financial (DeFi), access for institutional institutions.LUNAThe second largest DeFi protocol in terms of total value locked (TVL), is. According to the announcement, all Terra-based decentralized apps (DApps), can be accessed securely by Fireblocks users.

Fireblocks’ early-access program users invested $250 million within the first 72 hours after Terra DeFi integration went live. This is to thank them. Michael Shaulov CEO at Fireblocks stated that the institutional demand is growing for DeFi.

TVL Rankings. Source: Defi Llama