HONG
KONG, June 24, 2024 /PRNewswire/ --
HashKey Capital, a leading global
digital asset manager, is excited to announce that it has become a
founding member of SOFA.org, an open-source and non-profit
decentralized autonomous organization (DAO) focused on
developing a DeFi ecosystem that facilitates atomic,
blockchain-based settlements of financial assets.
Through its collaboration with SOFA.org,
HashKey Capital seeks to
accelerate the development of a secure, industry-wide on-chain
settlement framework. HashKey Capital's support of SOFA.org
demonstrates its commitment to developing infrastructure for
enhancing yield generation and capital efficiency across CeFi and
DeFi.
Launched on June 7th,
SOFA.org's first project aims to offer a transparent,
request-for-quote (RFQ)-driven marketplace for crypto
structured products.
Key Features:
- Access fully customizable crypto structured
products with attractive and sustainable yields on-chain
- Eliminate counterparty risks with assets securely and
automatically held in smart contract vaults
- Tokenize derivative positions on-chain, unlocking liquidity
between CeFi and DeFi
- Services accessible on demand, available 24/7
Within just 11 days of launch, the SOFA.org protocols
have reached $17mm TVL, with $27mm rUSDT accumulated on Arbitrum,
constituting more than 10% of its USDT pool reserves. The SOFA
ecosystem continues to expand through multiple announced strategic
partnerships, with a full pipeline of updates still to come as we
continue to innovate the next DeFi wave.
Build with SOFA.org today.
Website: https://www.sofa.org/
Documentation: https://docs.sofa.org/
Telegram: https://t.me/SOFAorg
Discord: https://discord.gg/sofaorg
X.com: https://x.com/SOFAorgDAO
LinkedIn: https://www.linkedin.com/company/sofa-org/
Medium: https://medium.com/sofaorg
About HashKey Capital
HashKey
Capital is a global digital asset and blockchain leader helping
institutions, founders and talents advance the blockchain
industry.
As one of the largest crypto funds and earliest
investors in Ethereum, HashKey Capital has managed
over US$1 billion in client assets
since its inception. Leveraging its unparalleled expertise, HashKey
Capital's venture investments team oversees a diversified portfolio
of over 600 pioneering projects across institutional services,
infrastructure, data, AI, consumer and more.
With our deep knowledge across the blockchain ecosystem, HashKey
Capital has built a robust network connecting founders, investors,
developers, and regulators.
About SOFA.org
SOFA.org is a
decentralized, non-profit, and open-source DAO
dedicated to developing a trustless, DeFi ecosystem
capable of atomically settling financial assets on the
blockchain. The organization's first protocol will focus on
crypto structured products, enabling seamless
execution between depositors and market makers through a ready-made
dAPP and standardized vaults. SOFA.org is supported by a number of
leading DeFi builders and crypto
platforms, and more information can be found at
https://sofa.org/.
Contact:
Lynloo Lee
+65 88107289
379519@email4pr.com
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SOURCE SOFA.org