Brevan Howard Digital Invests $20M in Kinto’s Institutional DeFi Platform
- Brevan Howard Digital invested $20 million in Kinto, a blockchain platform.
- Kinto is an Ethereum layer-2 network with compliance features like KYC and AML.
- The platform offers a smart contract wallet with insurance and security enhancements.
- Kinto’s mining program incentivizes deposits with token rewards over ten years.
- Ramon Recuero, Kinto’s co-founder and CEO, highlighted the importance of regulatory clarity for institutions.
Brevan Howard Digital’s $20 million investment in Kinto marks one of the first instances of a traditional financial firm participating in an on-chain mining program. The move underscores growing institutional interest in blockchain finance as platforms like Kinto provide necessary compliance features.
Source (2.6)https://www.coindesk.com/business/2025/02/17/brevan-howard-digital-deploys-usd20m-on-ethereum-based-kinto-in-institutional-defi-push?rand=52298
