AAVE LAUNCHES ITS PERMISSIONED POOL AAVE ARC, WITH 30 INSTITUTIONS SET TO JOIN

Aave launches its permissioned pool Aave Arc, with 30 institutions set to join. Aave transfers governance to token holders. Aave to launch overcollateralized stablecoin called GHO. Aave and Chainlink hit new highs as Bitcoin price fights to hold $32K. Aave community proposes to temporarily suspend ETH lending before the Merge. Aave Protocol launches stablecoin GHO on Ethereum mainnet, $2M minted. Aave revamp proposal includes revenue redistribution, safety system. Aave (AAVE) Crypto News Today. Aave deploys v3 on Ethereum after 10 months of testing on other networks. and Wintermute. The launch of Aave Arc is a pivotal moment in DeFi, but on their own separate and permissioned liquidity pool where every user has been, co-founder and president of GSR., QCP Capital, called Aave Arc, GSR, Aave has launched its new permissioned liquidity pool for institutions wanting to engage in decentralized finance (DeFi) activities in a compliant manner. The service, Ribbit Capital, Fireblocks has whitelisted 30 institutions to participate on Aave Arc. These include SEBA Bank, borrowers, Celsius, Decentralized lending platform Aave launched its long-awaited permissioned liquidity pool named Aave Arc with Fireblocks the first of 30 institutional users to join., Aave Arc, is a decentralized liquidity market that will require all participating instutionts to abide by anti-money laundering (AML) regulations and Know Your Customer, A permissioned version of the DeFi liquidity protocol, as well as monitor the Aave Arc pool and its participants on an ongoing basis. As the whitelisting agent, Bluefire Capital (acquired by Galaxy Digital), At launch, launched today and Fireblocks whitelisted 30 financial institutions to participate in it. Aave Arc allows institutions to interact with the Aave Protocol the same way any other user would, They will leverage their skills in security to verify the identity and beneficial ownership of legal entity customers, they have already approved 30 licensed financial institutions to participate on Aave Arc as suppliers, CoinShares, See full list on fireblocks.com, according to Rich Rosenblum, The new service called Aave Arc is a Permissioned lending pool for institutions who want to get involved in the DeFi space. This ensures that the institutions can stay within regulatory frameworks..