Velo Protocol, a leading Web3 financial solutions platform, has recently announced a strategic partnership with fintech firm Lightnet and RWA tokenization company OpenEden. This collaboration aims to introduce Treasury-as-a-Service (TaaS) and ASEAN Settlement Network, merging traditional finance with blockchain innovation. The partnership marks a significant step towards promoting the compliant adoption of digital finance in Asia, with a focus on strengthening tokenized Treasuries in the United States, revolutionizing cross-border payments, and enhancing stablecoin issuance in the region.
The partnership between Velo Protocol, Lightnet, and OpenEden brings forth a groundbreaking Treasury-as-a-Service platform and an ASEAN Settlement Network. The TaaS platform represents a cutting-edge initiative in blockchain-based financial services, offering Web3 treasuries, DAOs, and enterprises direct access to OpenEden’s tokenized U.S. Treasuries. These tokenized assets have received high ratings from reputable agencies like Moody’s and S&P, ensuring security and credibility for investors.
Through TaaS, institutions can access yield-bearing reserves in a transparent and compliant manner, bridging the gap between traditional finance and decentralized ecosystems. This innovative solution sets a new standard for on-chain treasury management, enabling organizations to optimize reserves while maintaining regulatory compliance. Moreover, the partnership also focuses on establishing the ASEAN Settlement Network, a compliant infrastructure for digital-fiat settlement that will redefine regional transfers and facilitate real-time cross-border payments.
By leveraging the expertise of Lightnet and OpenEden, Velo Protocol aims to establish a strong foundation for compliant digital finance in Asia. The collaboration not only strengthens tokenized U.S. Treasuries but also enables transparent, secure, and efficient cross-border settlements. This initiative empowers users, merchants, and institutions with advanced tools to drive the adoption of digital assets while ensuring regulatory compliance.
In conclusion, the partnership between Velo Protocol, Lightnet, and OpenEden signifies a significant advancement in the realm of digital finance. By providing innovative solutions like TaaS and the ASEAN Settlement Network, the collaboration is poised to revolutionize the financial landscape in Asia and beyond. With a focus on compliance, security, and efficiency, this joint initiative is set to pave the way for the mainstream adoption of digital assets in the global financial sector.