Spool DAO partners with AllianceBlock to improve investor options and legal compliance
As we move closer to the launch of Spool’s latest major update, we are happy to announce a partnership with AllianceBlock, specifically to take advantage of their Nexera Exchange and Nexera ID solutions.
The focus of Spool DAO is to provide the infrastructure layer for DeFi, creating a solution for institutional clients to create risk-managed, legally compliant, and diversified DeFi yield products.
With this upcoming release, Spool DAO is taking major steps towards this, and an additional key to success will be forming the right partnerships with other providers operating in the ecosystem.
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).
Just as Spool has recently released onto Arbitrum, AllianceBlock has also done so with NexeraID and Fundrs, as well as the Nexera Exchange.
These parallels, as well as the combined power of the products offered by AllianceBlock and Spool DAO, mean there is great potential for both to continue to build the next generation of investment solutions as the DeFi ecosystem continues to evolve.
In particular, the partnership is currently looking at integrating Spool and Nexera technology in two key ways.
The first is for NexeraID to provide a key part of the institutional infrastructure model Spool DAO is building, namely flexible legal compliance that can be tailored to a number of regulatory areas. NexeraID allows for compliant interaction with DeFi protocols, while still maintaining user privacy, something that is often key for DeFi and crypto-native investors already operating in the space. This enables KYC-gated Smart Vaults to be created by institutions that require this function.
When asked about this partnership, Simon Schaber, Spool DAO’s Lead Builder said,
Regulatory flexibility and compliance are key for institutional product creators and their investor clients. By working with AllianceBlock and their NexeraID, Spool DAO is helping provide a true infrastructure model for DeFi investment products. One that has the flexibility to support mass global adoption.
The second is the integration of Spool into the Nexera Exchange, specifically the yield-optimised staking orders (YOSO). In this area, the goal is to allow Spool Smart Vault products to integrate into Nexera Exchange’s YOSO feature, allowing both communities to use additional yield-generating options.
Rachid Ajaja, AllianceBlock Founder and CEO, added,
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.
As the latest partnership for Spool DAO, following Consola Finance, Rocket Pool, and Staking Rewards, building together with AllianceBlock offers new potential and continued growth.
To find out more about the latest updates to the Spool solution, and how it provides essential DeFi infrastructure for safer, legally compliant investment models, visit Spool V2 — Your Gateway to Institutional-Grade DeFi.
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Spool is a permissionless DeFi platform that connects Capital Aggregators with DeFi Yield Generators. Funds are dynamically and efficiently allocated to ensure optimized yields, for custom strategies, managed by DAO-curated Risk Models.
Spool was established as a DAO, with a selection of founding contributors representing a diverse cross-section of the blockchain community.
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