The Lithuania-licensed crypto bank Meld plans to offer
real-world assets in partnership with the decentralized finance platform Swarm
Markets. This offering, which targets retail crypto investors, aims to
democratize access to traditional asset classes within the crypto space.
According to a report by Coindesk, Meld intends to
introduce on-chain lending and borrowing services for tokenized assets. This
service will enable retail investors to leverage their existing holdings
against crypto assets like Bitcoin.
Besides that, the crypto bank plans to introduce
cross-asset margining opportunities previously inaccessible through
conventional means. Recently, Meld secured a virtual asset service provider
license in Lithuania, paving the way for its compliance with the Market in
Crypto Assets regulations within the European Union.
🗞️🗞️News just in! 🗞️🗞️
🚀Today, Swarm and @onMELD signed an MoU to catalyze retail investor adoption of #tokenized #RWAs🚀
MELD is a pioneering crypto bank that has just obtained its Virtual Assets Service Provider (#VASP) license in the EU
🔥The partnership will give… pic.twitter.com/lPwEQvGVL2
— Swarm (@SwarmMarkets) March 20, 2024
Regulatory Compliance and Market Expansion
As the crypto banking sector continues to evolve,
there is a growing demand for financial services bridging the digital asset
space and the traditional financial sector. Meld has reported more than 75,000
prospective sign-ups for the new offering.
Expect ongoing updates as this story evolves.
The Lithuania-licensed crypto bank Meld plans to offer
real-world assets in partnership with the decentralized finance platform Swarm
Markets. This offering, which targets retail crypto investors, aims to
democratize access to traditional asset classes within the crypto space.
According to a report by Coindesk, Meld intends to
introduce on-chain lending and borrowing services for tokenized assets. This
service will enable retail investors to leverage their existing holdings
against crypto assets like Bitcoin.
Besides that, the crypto bank plans to introduce
cross-asset margining opportunities previously inaccessible through
conventional means. Recently, Meld secured a virtual asset service provider
license in Lithuania, paving the way for its compliance with the Market in
Crypto Assets regulations within the European Union.
🗞️🗞️News just in! 🗞️🗞️
🚀Today, Swarm and @onMELD signed an MoU to catalyze retail investor…
