Kava Chain Now Live on Fireblocks, Opening Cosmos DeFi to Institutional Investors
Kava Chain, a decentralized Cosmos-Ethereum interoperable layer one blockchain, has integrated with Fireblocks, an enterprise platform for managing digital assets. This integration allows Fireblocks customers to safely access the expanding Cosmos DeFi ecosystem via the Kava Chain. The co-founder and chief product officer of Fireblocks, Idan Ofrat, expressed excitement about bringing Kava’s innovative suite of DeFi protocols and Cosmos DeFi access to their customers. The integration enables over 1,800 digital asset and crypto institutions to custody KAVA tokens and access Kava-native assets, including Cosmos-native USDt. Fireblocks customers can now engage in DeFi opportunities within the Kava ecosystem, participate in market-making with Cosmos-native USDt, and explore new USDt DeFi opportunities on Cosmos appchains. This integration also provides a more capital-efficient option for cross-chain arbitrage. Kava Chain is a secure and scalable layer one blockchain that combines the power of Ethereum with the interoperability of Cosmos.
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