Finance Redefined: MetaMask institutional offering, Polygon to go carbon neut...

Finance Redefined: MetaMask institutional offering, Polygon to go carbon neut...

In this week's DeFi newsletter we look at the growing market of Metamask, Polygon's pledge to go carbon neutral and more. The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity while token prices entered the second week of the bear market, with many of the tokens bleeding in double digits over the past week. MetaMask expanded its institutional offering by partnering with four institutional custodians, while Polygon has pledged to go carbon neutral.We will also look at how users can bridge different tokens to the Polygon network and look into....


Related News

MetaMask pushes institutional offering with BitGo integration

The rise of crypto custody continues as more institutional investors seek exposure to Bitcoin, Ether and decentralized finance. Decentralized finance (DeFi) wallet and browser extension MetaMask has partnered with three crypto-focused custodians as part of a broader effort to attract more institutional capital to the digital asset market. On Tuesday, the company announced new partnerships with BitGo, Qredo and Cactus Custody centered around MetaMask Institutional — a new product offering that gives institutional investors access to the large sums of collateral in the DeFi market.....

Airdrop rumors result in a swarm of activity on MetaMask Swap and Polygon

Airdrop hunters flocked to MetaMask Swap and the Polygon network in an effort to qualify for a possible token distribution from the popular cryptocurrency wallet provider. Five- to six-figure-size airdrops have become the new norm in the crypto sector, and a growing number of analysts believe there are more to come. In September, dYdX distributed a massive airdrop to early users, and last week, the Ethereum Name Service gave out roughly $17,000 to $30,000 in ENS tokens to platform users. Anticipation of additional “helicopter money” has also led to a flurry of airdrop hunters seeking out....

MetaMask's new inbuilt multi-chain institutional custody feature

MMI product lead Johann Bornman labeled the integration with Cactus Custody’s DeFi Connector as a “profound DeFi offering for institutions.” The institutional arm of the Consensys-owned MetaMask has integrated its first multi-chain digital asset custody solution called Cactus Custody.MetaMask Institutional (MMI) initially partnered with Cactus Custody owned by crypto financial service platform Matrixport in October last year to incorporate its “DeFi Connector” feature into MMI’s suite of services. The full integration with MMI was announced on Jan. 26, and Cactus Custody’s feature will now....

One River Digital sees spike in demand for carbon neutral Bitcoin

After introducing a new carbon-neutral system for Bitcoin investment in April, One River Digital has already applied for a carbon-neutral BTC ETF. Institutional investors have been showing a stronger appetite for a carbon-neutral Bitcoin (BTC) investment solution by One River Digital Asset Management.One River Digital, a crypto-focused hedge fund offering exposure to Bitcoin and Ether (ETH), announced Wednesday that an “overwhelming majority of assets” in its institutional Bitcoin fund have chosen to switch to One River’s new carbon-neutrality share class.In April, the company introduced a....

Finance Redefined: Polygon fixes $24B bug, Hoskinson optimistic for Cardano i...

This week's Finance Redefined features the latest developments concerning Polygon, Interlay, Bent Finance and Grim Finance. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.As the calendar year comes to an end, Cardano’s personable leader Charles Hoskinson shares a message of optimism, unity and collaboration for the future of crypto.As a gesture of goodwill for the holiday season, this week our long-form DeFi newsletter will be published in full here as an article alongside the regular email. Subscribe below for full access to next week's edition!Polygon....