AllianceBlock Partners With RAMP DEFI To Provide NFT Liquidity For Regulated TradFi
We are excited to announce that AllianceBlock has partnered with RAMP DEFI, the industry-leading liquidity “on-ramp” solution to unlock liquid capital from staked digital assets. The collaboration will explore processes related to increasing yields and liquidity for regulated financial institution clients with NFT-based illiquid assets.
Regulated financial institutions face incredibly high barriers to entry in cryptocurrency and DeFi. Our partnership with RAMP will open up a path for regulated institutions to lean into DeFi and change the dynamics of capital markets.
The partnership aims to develop a liquidity solution that enables regulated institutions to digitize illiquid real-world assets into NFTs, and subsequently transform these into liquid funds for short-term financing.
AllianceBlock will provide compliant processes to enable regulated financial institutions to turn their real-world assets into Non Fungible Tokens (NFTs). RAMP DEFI’s solution can then be used to transform these assets into ERC20 stablecoin liquidity based on underwritten loan-to-value (LTV) ratios.
“Today’s announcement gives expression to our commitment to bridging the gap between traditional and decentralized finance. Using RAMP’s technology, we aim to open a new world for institutional finance clients and help regulated lenders unlock the value of their NFTs ,” said Rachid Ajaja, Founder and CEO of AllianceBlock.
NFTs today are generally limited to digital items. However, in the future, this will change andNFTs will no longer be limited to virtual pets, ENS domains, artwork, and virtual land. Instead, they will be used to tokenize valuable real-world assets such as real estate, commodities, and precious metals.
“Our partnership with AllianceBlock is especially interesting as they are bridging traditional finance to decentralized finance. The addition of new, real-world assets would enhance the stability of our rUSD stablecoin through portfolio diversification, scale-up collateralized liquidity for the entire DeFi space, as well as “on-ramp” new sources of revenue for the RAMP ecosystem,” said Lawrence Lim, CEO of RAMP DEFI.
About RAMP DEFI
Backed by world-class investors, RAMP DEFI is a global decentralized finance solution that focuses on unlocking liquid capital from staked digital assets. Using the RAMP solution, users with staked assets can continue to receive staking rewards, retain capital appreciation potential on their staked portfolio, and unlock liquid capital to invest in new opportunities at the same time.
The addressable market for staked assets today is upwards of USD25bn, and as the industry-leading solution, RAMP DEFI has a vision of unlocking USD1bn or more in “Total Value Unlocked (TVU)” for users by the end of 2021.
If you are interested in RAMP DEFI you can get in touch with project team members from the following official channels:
For partnerships, media, or other collaboration opportunities, please email firstname.lastname@example.org.
AllianceBlock is building the first globally compliant decentralized capital market. The AllianceBlock Protocol is a decentralised, blockchain-agnostic layer 2 that automates the process of converting any digital or crypto asset into a bankable product.
Incubated by three of Europe’s most prestigious incubators: Station F, L39, and Kickstart Innovation in Zurich, and led by a heavily experienced team of ex-JP Morgan, Barclays, BNP Paribas, Goldman Sachs investment bankers, and quants, AllianceBlock is on the path to disrupt the $100 trillion securities market with its state-of-the-art and globally compliant decentralized capital market.
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