Finxflo announced last Monday, March 15, through its Twitter account, the integration of $FXF with YIELD.App, which allows users to directly access market leading APYs.
“As the world’s first hybrid liquidity aggregator, Finxflo has registered as the first partner of YIELD.App, an innovative platform that aims to provide access to the best investment opportunities for all users, regardless of their financial or financial knowledge. technical”, he said through an article published on the Medium platform.
According to the company, such a partnership will allow Finxflo users to invest safely in YIELD.App without leaving their Finxflo accounts. Both companies are taking a regulated approach and investing in DeFi.
Through the YIELD.App API integration, Finxflo will allow users who have assets parked within regulated and insured custody, access to quantitative DeFi trading strategies, generating a significant Annual Percentage Yield (APY). With this partnership, Finxflo brings new capital to both the cryptocurrency market and the YIELD application platform.
“We are unique in that we are a multi-jurisdictional entity, not just a protocol. Our relationship with the YIELD app is based on our common thinking (taking a licensed approach to investing in DeFi) and we believe we can help build a positive reputation that will lead to widespread acceptance of digital assets as a commodity class”, said James Gillingham, CEO of Finxflo.
Finxflo indicated that such integration is only a first step for the YIELD application towards its goal of enabling any financial institution to offer high performance products powered by DeFi to its customer base. “By unlocking these new performance options and integrating with industry-leading companies like Finxflo, we look forward to continuing to fulfill the ambitions of decentralized finance and bring DeFi investment to millions of users around the world”, said Tim Frost, CEO by YIELD App.