Researchers in Italy will look at DeFi for institutional investors.
The Bank of Italy’s Milano Hub innovation center will provide support for a project developed by Cetif Advisory to research a security token ecosystem for institutional decentralized finance .
The project has no “commercialisation purpose,” but will extend “the scope of analysis” of security tokens on secondary markets.are digitized representations of the ownership of real-world assets. Cetif Advisory general manager Imanuel Baharier said in a statement: “We believe it is vitally important to create the conditions for DeFi to become a safe and open operating environment for supervised entities.”
The project will strive to allow institutional market participants to operate in a DeFi environment while complying with regulatory guidelines. It will further develop Cetif Advisory’s Lionity platform, which it describes as an “institutional grade automated market maker.”Cetif Advisory is a spinoff of the Cetif Research Centre at the Università Cattolica del Sacro Cuore in Milan. The project is a collaboration with Polygon Labs, Fireblocks and other organizations.
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