The Swiss company Sygnum, which manages digital assets, has launched services for the storage and trading of tokens for DeFi projects. Among them: Aave, Curve, Uniswap, and others.
According to the bank's representatives in the official Twitter account, now institutional-grade DeFi storage and trading services will be available to customers. The list of tokens included 1INCH, CRV, UNI, AAVE, SNX, and MKR, as well as a stablecoin backed by USDC. Customers will be able to invest their funds directly into the DeFi token portfolio.
Going forward, the bank intends to launch additional DeFi-related products and services and offer “tailor-made solutions” with new partners in the crypto industry. At the same time, products and services will “seamlessly” interact with the national currencies of central banks, other cryptocurrencies, digital francs, and other assets in the user's account.
Thomas Eichenberger, head of one of the divisions of Sygnum, said that DeFi can change the perception of the traditional approach to financial assets in the economy and offer investors extremely attractive returns.
This news could be a good boost for the decentralized finance industry, as DeFi activity on Ethereum has seen a significant drop in performance over the past month. On the other hand, the decrease in activity within the network led to the fact that transaction fees fell again to the levels of 2020, and the repeated "ascent" of bitcoin to $40,000 led to an increase in prices for AAVE, UNI, and COMP tokens.