• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

YZi Labs Supports Aspecta: New Horizons for Illiquid Asset Liquidity

user avatar

by Giorgi Kostiuk

9 hours ago


YZi Labs has announced its strategic investment in the blockchain platform Aspecta, which is aimed at improving liquidity for illiquid assets. This investment advances the development of a new economic model around assets that traditionally have limited liquidity.

YZi Labs Investment in Aspecta

YZi Labs has made a strategic investment in Aspecta, a platform working in the blockchain infrastructure space aimed at creating an open economy around illiquid assets. This underscores YZi Labs' intent to support fair participation in emerging asset ecosystems. The funds will help Aspecta expand its network and deepen collaborations with key partners.

Aspecta's Technological Solutions

Aspecta offers solutions for accounting and standardizing illiquid assets using tools such as BuildKey and Build Attestation. These developments allow for open price discovery and help establish trust in the early-stage ecosystem, which may, in turn, facilitate more transparent trading.

Team Insights and Reactions

The YZi Labs team first met the Aspecta developers at the MVB Season 7 event in March 2024. Alex Odagiu, Investment Director at YZi Labs, stated that a transparent pricing system for illiquid assets will be fundamental for the future adoption of blockchain technologies. Jack He, co-founder of Aspecta, expressed gratitude for YZi Labs' support and emphasized the company's goal of developing an open economy for assessing and trading assets such as post-TGE tokens and private equities.

The investments by YZi Labs in Aspecta open up new prospects for developing liquidity for illiquid assets and contribute to creating more inclusive market conditions. The Aspecta platform, with its technologies, has the potential to change the game in the trading of assets with limited liquidity.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Israel and Iran: Potential Military Action and Its Consequences

chest

Recent Israeli statements about potential military action against Iran highlight increasing tensions in the region.

user avatarGiorgi Kostiuk

Nicholas Truglia Receives 12-Year Sentence for Refusal to Repay $20 Million

chest

Nicholas Truglia was sentenced to 12 years for refusing to repay over $20 million acquired from SIM-swapping scheme.

user avatarGiorgi Kostiuk

Robinhood Offers Ethereum and Solana Staking for US Users

chest

Robinhood now provides ETH and SOL staking services for American users starting from just $1.

user avatarGiorgi Kostiuk

Keyrock Report Shows Minimal Influence of Corporate Treasuries on Bitcoin Price

chest

A new study reveals that corporate treasuries do not significantly affect Bitcoin price movements.

user avatarGiorgi Kostiuk

Cryptocurrency Market: Potential Threats and Turns

chest

Recent shifts in the cryptocurrency market may herald possible downturns due to short position liquidations.

user avatarGiorgi Kostiuk

Surge in Cryptocurrency Prices: Prepare for Potential Drops

chest

Despite the current rise, potential market movements warn traders of upcoming declines in cryptocurrency prices.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.