Stably, a market leading technology platform provider of enterprise asset tokenization solutions has signed an API license with Vesto for its core protocol-level crypto infrastructure.
Vesto’s infrastructure is an easy-to-use and powerful gateway into the cryptocurrency ecosystem, enabling the next generation of DeFi, dApps, and protocols for tokenized assets.
“Stably is excited about the Vesto partnership and we look forward to collaborating with Chris’ team to enable DeFi yield generation from various tokenized assets such as stablecoins and gold-backed tokens for our B2C users as well as B2B clients.” Kory Hoang, Chief Executive Officer (CEO) & Co-Founder
Through this partnership, Stably and its customers will have access to Vesto’s 2-Token architecture providing high yield (up to 25% APY) for cryptocurrency assets such as WBTC, USDC, DAI, and ETH, while at the same time minting new ERC-20 compliant tokens to be used for instant, low-cost transactions without having to remove the underlying asset from DeFi. This “double down” effect provides the best financial arrangement for Stably and its customers.
Stably and Vesto share the same vision that DeFi will be the building blocks for the future of the world of finance and because of this close collaboration many real-world tokenized DeFi projects / products are envisioned.
This mutual partnership enables significant profitable revenue generating methods across the entire financial industry.
“The total combined assets globally are $270 trillion, with twenty-percent of that being tokenized over the next five years. Stably has a TAM of $54 trillion in just five years! We are excited and honored to play a core protocol level infrastructure role with Stably!” Christopher McGregor, Chief Executive Officer (CEO) & Co-Founder.
