Search results for Flow Traders
Crypto
Lombard Finance launches bitcoin-backed credit product with Flow Traders as pilot partner
Lombard Finance, a bitcoin financial products startup, is launching a new product called the \"Bitcoin Onchain Credit Strategy,\" with global trading firm Flow Traders taking part as a pilot partner. The product is designed to let Flow borrow stablecoins for market-making without posting its own onchain collateral. Instead, bitcoin deposited in Lombard’s Bitcoin Earn yield product serves as collateral through an underwriting structure run on the CAP private credit platform.
Crypto
AllUnity to issue SEKAU Swedish krona-pegged stablecoin
AllUnity, a European regulated stablecoin issuer backed by DWS, Flow Traders and Galaxy, will issue SEKAU, a stablecoin pegged to the Swedish krona. SEKAU will be backed 1:1 by Swedish krona reserves and issued as a regulated e-money token under the EU’s Markets in Crypto-Assets Regulation (MiCA). Holders will have a legal right to redeem at par. The token is designed for institutions, fintechs and corporates, with a June launch planned.
Crypto
AllUnity expands euro stablecoin EURAU to Solana
AllUnity, a joint venture founded by DWS, Flow Traders and Galaxy Digital, has expanded its euro stablecoin EURAU to the Solana blockchain. EURAU was first launched on Ethereum in July last year and is issued under an electronic money framework that follows the European Union’s MiCA crypto rules, with 100 percent reserves. The company said adding Solana will speed up euro remittances and payments while lowering transaction costs.
