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Defactor and Centrifuge announce strategic partnership

SMEs looking to access DeFi liquidity through Centrifuge will be able to do so via Defactor’s innovative and easy-to-use protocol interface. Through Defactor’s protocol, real-world asset originators and DeFi lenders seeking to connect through Centrifuge’s platform will be able to benefit from enhanced KYC processes, insurance protection, and asset authentication procedures.

Centrifuge co-founder Martin Quensel added: “Centrifuge is embedded in DeFi to connect it to the Real World. We understand composability as a Proof-of-Decentralization, and we’re committed to advancing the agenda of decentralised finance at every opportunity. This partnership with Defactor will be a major value add in that regard, as through this partnership firms in the traditional finance space will be faced with far lower barriers to entry when attempting to access DeFi liquidity. We very much look forward to working with the Defactor team well into the future.“

Tags

centrifuge, defi, partnerships