Sentora, formed from the merger of IntoTheBlock and Trident Digital, denied rumors of selling its Ethereum assets, emphasizing confidence in its institutional DeFi initiatives.
Denial of Sell-Off Rumors
CEO of Sentora, Anthony DeMartino, stated that the platform is not involved in selling Ethereum linked to 4.1 million addresses. This statement reinforces trust in its DeFi projects.
Focus on DeFi and Compliance
Sentora plans to create a suite of DeFi products tailored for institutions. This is supported by a $25 million fundraising from investors, reflecting confidence in the company's initiatives. DeMartino and Alex Marinier emphasize the importance of risk management and compliance for DeFi adoption by institutions.
Investment Attraction and Platform Future
Data indicates that the Ethereum ecosystem remains stable due to increased staking and positive investor sentiment after the Pectra upgrade. Institutional interest in DeFi protocols, such as Lido and Aave, is also evident. Sentora aims to develop products that meet key institutional requirements for DeFi implementation.
Sentora's leading experts are confident that the future of finance lies in DeFi, but it must consider institutional needs. Developing strategic partnerships and products that meet regulatory demands will help achieve this goal.
