Brevan Howard Digital Goes “On-Chain” in a Hilarious Twist of Fate! 🤑

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Hey there, lovers of digital dough and blockchain buffoons! Get ready to laugh your socks off as we dive into the wild world of decentralized finance! 🚀

Our dear friends at Brevan Howard Digital, a traditional financial institution, have decided to take a leap of faith into the world of crypto – and they’ve chosen Abu Dhabi as their gateway to the galaxy! 🌌

They’ve allocated a whopping $20 million (that’s right, 20 MILLION!) to Kinto, a snazzy on-chain financial portal. Kinto offers a custom smart contract wallet, and it’s the only Layer 2 solution with native Know Your Customer and Anti-Money Laundering protocols. It’s like they’ve thought of everything! 💡

And guess what? Kinto’s mining program rewards participants with token emissions! It’s designed to run for a whole decade, so it’s like a never-ending crypto party! 🎉

But wait, there’s more! Brevan Howard Digital is now one of the first traditional financial firms to actively use its digital assets within Kinto’s ecosystem. Talk about being an early adopter! 🤓

Ramon Recuero, the big cheese at Kinto, had this to say: “Institutions have been waiting for regulatory clarity and compliance features. Now, through Kinto, financial institutions don’t need to wait any longer.” Well, Ramon, we never thought we’d see the day! 😂

So, there you have it! Traditional finance is officially getting a makeover, and it’s weirder and more wonderful than we ever imagined! 🤪

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2025-02-17 21:54