AllianceBlock and Spool Protocol Partner to Provide Institutions with Simple and Compliant DeFi Yields
AllianceBlock is excited to announce a strategic partnership with Spool Protocol, a versatile and open DeFi middleware, bridging capital aggregators with DeFi yield generators. Its purpose is to dynamically and automatically distribute funds in a resourceful manner, achieving optimized DeFi yields. This process is tailored to customized strategies overseen by risk models curated by the Spool DAO, all within a permissionless framework. This collaboration will utilize both teams’ expertise to allow financial institutions to access and monetize DeFi yields in a compliant and risk-managed way.
According to a 2022 Celent survey, 91% of institutional investors are interested in investing in tokenized assets, with 97% agreeing that tokenization will revolutionize asset management. These statistics show the impact that institutional-grade investments will have on the industry. To reach this potential, robust and secure DeFi protocols and partnerships are needed to facilitate growth and transformative impact.
AllianceBlock is the infrastructure provider for decentralized tokenized markets. They empower businesses with best-in-class liquidity provisioning, allowing them to compliantly issue, manage, and trade tokenized digital assets, including real-world assets (RWAs). The collaboration involves integrating Spool and Nexera solutions, including Nexera ID, to enable a compliant rules engine to power Spool Smart Vaults. These integrations will provide financial institutions with the tools to securely and compliantly access attractive yield options — providing a gateway to an institutional-grade DeFi.
The world of DeFi is always evolving, with yields constantly shifting based on new market conditions. DeFi protocols follow this trend, growing riskier as they get more complex or safer as they’re stress-tested. In this dynamic environment, Spool has emerged. Many DeFi users need more time, skills, or funds to manage allocations among various Yield Generators efficiently. Spool tackles these challenges by providing a solution for participating in multiple yield generators while ensuring diversification, managing risk, and benefiting from efficient rebalancing and compounding. Users deposit into a Spool Smart Vault to achieve this, enjoying automated, optimized decisions guided by the Spool DAO.
Spool Protocol offers the ultimate “set-it-and-forget-it” solution, as their selected Smart Vaults always optimize for the best yield/reward scenario while being fully decentralized and customizable, with no custodial risks.
The SPOOL token serves as both a DAO governance and incentive token. SPOOL Holders accumulate voSPOOL, enabling them to participate in voting for improvement proposals. These proposals drive enhancements or upgrades within the Spool ecosystem, shaping its evolution collaboratively. The SPOOL token takes center stage in community incentivization. If granted the DAO’s approval, the token is distributed to protocol users and value-generating advisors, fostering a network of shared benefits.
Spool has recently launched on the Arbitrum Network to address the protocol’s growing need for increased speed, reduced costs, and enhanced scalability on the Ethereum network, all while preserving security. AllianceBlock has also been recently deployed on Arbitrum, with Nexera ID and Fundrs, as well as the Nexera Exchange. Aligning partnerships with those utilizing the leading Layer 2 network embeds the AllianceBlock vision closer to the Arbitrum ecosystem. Spool has also recently confirmed notable partnerships with Consola Finance, Rocket Pool and Staking Rewards, with each cementing the protocol as a pioneer in institutional-grade DeFi yield products.
AllianceBlock and Spool are Compliantly Onboarding Institutional Grade Investors Using Nexera Exchange and NexeraID
AllianceBlock has recently released the Nexera Exchange, a revolutionary decentralized exchange with an on-chain limit order book that will impact how DeFi users and institutional investors trade tokenized assets. Additional DeFi features will be released that include staking-enabled on-chain order books, order triggering matching, yield-optimized staking orders (YOSO) and dynamic range order book provisions. Compared to current DeFi options, Nexera Exchange pushes the envelope by integrating advanced DeFi functionalities directly into the DEX trading experience, offering traders more flexibility, control, and opportunities to maximize their returns. Spool yield generators will be able to integrate their strategies with Nexera Exchange’s YOSO feature, allowing both communities to generate additional compliant passive yield strategies.
“AllianceBlock has an industry-leading technology stack that seamlessly and compliantly onboard institutional investors into DeFi. Spools V2 Smart Vaults will benefit greatly from the integration of NexeraID, and our Yield Strategies will marry perfectly with Nexera Exchange’s advanced YOSO features in the future. We are very excited for what lies ahead.” — Simon Schaber, Lead Builder, Spool DAO
Spool is set to integrate NexeraID as a compliance tool into their solutions. The platform helps Web3 companies easily comply with different regulations and stay ahead of the shifting regulatory landscape. NexeraID offers a privacy-preserving compliance framework that protects user privacy while maintaining a compliant interaction with DeFi protocols. This collaboration ensures a robust and efficient compliance mechanism that caters to the complex needs of institutions and their regulatory environments. AllianceBlock Founder and CEO Rachid Ajaja recently demoed how NexeraID can compliantly onboard institutions, which you can find here.
“Spool Protocol’s automated yield strategies are an ideal complement to our mission of enhancing the trading experience of institutional investors in the tokenized asset market. By combining our expertise in compliance-based DeFi solutions with Spool’s dynamic yield-generating strategies, we can seamlessly and compliantly onboard the next wave of institutional grade investors.” — Rachid Ajaja, AllianceBlock Founder and CEO
This partnership will help drive the adoption of institutions into a compliant DeFi. Spool’s innovative middleware solutions, their Smart Vaults and their automated and optimized DeFi yield-generating strategies marry perfectly with the vision of AllianceBlock and Nexera. By combining the innovative features of the recently launched Nexera Exchange and the robust and adaptable NexeraID, both parties will be able to cater to the heightened needs of institutional-grade investors.
About Spool
Spool is the next generation of DeFi investment infrastructure. It lets institutions easily create new investment products, and investors manage a portfolio of automated risk-managed assets in a single location.
Spool was established as a DAO, with a selection of founding contributors representing a diverse cross-section of the blockchain community.
Be sure to follow Spool on Twitter and Linkedin to stay up to date.
About AllianceBlock
AllianceBlock is an infrastructure provider for decentralized tokenized markets. It empowers businesses with liquidity provisioning and allows them to compliantly issue, manage, and trade tokenized digital assets, including real-world assets (RWAs).
The AllianceBlock ecosystem of partners, clients, and ventures consists of top stakeholders from the financial industry and the decentralized finance (DeFi) sector. Their unique product suite complies with global regulations and seamlessly integrates with legacy systems.
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