Tokenisation platform VALK is to expand its decentralised finance (DeFi) market with the launch of the Aggregator platform, a non-custodial portfolio management system for digital asset managers and funds.
The Aggregator platform connects traditional finance with liquidity locked up in DeFi, offering users the opportunity to achieve higher yield.
The solution acts as an application programme interface for lending and borrowing defi protocols, connecting financial institutions to all crypto markets and enabling a variety of yield-generating strategies to be deployed.
The platform will be able to retrieve the position of each crypto on the Defi protocols and calculate the position and profits made (versus USD or other currency), along with the yield generated.
Other information from DeFi protocols, assets held, yield earned (daily), portfolio value will also be provided.
Features include a leverage increase option,which increases investors’ exposure to
selected assets by taking on more debt; a repay feature to decrease debt and unwind positions; and an automation feature, which is a non-custodial service for automated management of collateralised debt positions.
Co-founded by Antoine Loth and Elie Azzi in 2019, VALK, which has already supported in excess of US$4 billion worth of deals in a year, plans to beta test Aggregator this month, with a view to launching this in January 2022.
Azzi says: “Our new aggregator platform is ideally suited to growing interest in this market from professional investors who are looking to find the same experience and features of a trading platform.”
