Genesis Global Capital, LLC has announced support for USD Coin (USDC) and ALGO on Algorand. Genesis will be able to seamlessly deploy its USDC and ALGO holdings across Algorand’s decentralized finance (DeFi) ecosystem by offering borrowing, lending and use of these assets as collateral, according to the announcement. The announcement informed, “Algorand’s unique pure-proof-of-stake (PPoS)…
Tag: Algorand
Algorand and BridgeTower Capital Announce Strategic Partnership
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•BridgeTower Capital, a global private equity firm, focusing on traditional private equity investments and blockchain and DeFi markets, has announced a partnership with Algorand. Algorand, the creator of the pure proof-of-stake foundational blockchain, is a blockchain technology company accelerating the convergence of decentralized and traditional finance. BridgeTower will use Algorand’s technology as the underlying blockchain…
Vesta Equity and Algorand Partner for a Global Blockchain-based Tokenized Residential Home Equity Peer-to-Peer Marketplace
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•Vesta Equity, the global home equity marketplace, has announced it would be leveraging Algorand’s blockchain as the backbone of its modern solution for residential property financing and investing. Vesta provides homeowners with the tools to control their home equity outside of the traditional home equity financing options. Using blockchain technology, Vesta connects property investors directly…
Curv And Algorand Partner To Advance Institutional Digital Asset Security
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•Curv, a digital asset security platform, and Algorand, a blockchain powering exchange, has announced a partnership that will see Curv integrate Algorand within its asset-agnostic technology infrastructure. Algorand will also be leveraging Curv’s solutions for internal use. “The partnership will allow institutions to build the most secure wallet functionality into applications on the Algorand open source…