Dutch multinational ING considers entering DeFi lending industry -Breaking
[ad_1]
Annerie Vreugdenhil (chief innovation officer at ING) announced that the company is currently testing its Decentralized Finance protocol, also known as peer-to-peer lending, with the Netherlands Authority for the Financial Markets. Vreugdenhil spoke out about the developments as follows: reportedLedger Insights
ING is a Dutch multinational financial service company that offers over 2,000 services. $1 TrillionTotal managed assets. In Paper in whitePublished earlier in the year, ING mentioned specifically Aave lending protocol, which was built on (ETHAs a new innovation in the field, ) blockchain. Aave allows borrowers to use crypto-based collateral as security and obtain a stablecoin loan.
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.
[ad_2]