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DeFinity vanguard project to unveil decentralized FX settlement platform in 2021


DeFinity vanguard project to unveil decentralized FX settlement platform in 2021
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LONDON, May 7, 2021 /PRNewswire/ DeFinity, a decentralised finance (DeFi) marketplace for fiat Foreign Exchange, tokenised currencies, and central bank digital currencies (CBDC), announces its intention to deliver a near real-time settlement ecosystem to help FX market participants settle their cash FX, forwards, swaps, and NDF transactions at a fraction of the cost of traditional routes.
DeFinity is a layer-2 protocol and decentralised exchange solution, utilising existing blockchain frameworks including WeOwn, Ethereum, Polkadot, Binance Smart Chain, and Cardano. With a focus on interoperability, the ambition is to create a more inclusive decentralised ecosystem that helps to bridge the old with the new. ....

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