The permissionless DeFi company Spool has announced that it is starting a collaboration with a centralized crypto asset management firm Kunji. This partnership is witnessed at a time when the Spool platform is nearing the launch of Spool V2. The non-custodial company Kunji is developed on the Arbitrum chain, permitting consumers to invest in extremely liquid tokens and coins with professional strategies.
Spool Joins Forces with Kunji Finance
Being a smart contract-based decentralized platform for asset management that has several strategies, Kunji provides many options for crypto investment. These options take into account hedge funds without any custody, limitations, or entry barrier. The platform of Spool offers solutions dealing with DeFi infrastructure and permits consumers to develop products that are auto-compounding and risk-managed. They can also invest in these products with access to a list of yield farms within the DeFi sector.
While moving closer to version 2, Spool is integrating the latest technologies. They include complex strategies, gating, as well as multi-asset solutions. These things offer the ultimate toolbox for organizations pursuing to develop DeFi-related investment products to facilitate their consumers and themselves. At the earliest stage, the platform of Kunji will deliver the currently unmanaged funds to Spool Smart Vaults.
In addition to this, the firm is also integrating with Spool in the case of the yield module in the strategy. Kunji’s founder Anurag Dixit stated that he was thrilled about the collaboration. Dixit mentioned that the ongoing collaboration will assist the company in enhancing its capital efficiency. As per Dixit, this will be carried out by the provision of an extra room for the allocation of assets to assist the communities of both collaborators.
He moved on to say that the current collaboration plays the role of a significant step to accomplish the platform’s top objective. The most prominent target of the company is related to offering the sole decentralized and viable substitute to hedge funds, facilitating individual investors.
Further Announcement during the Collaboration Will Lead to Spool V2’s Launch
According to Dixit, this collaboration also assists investors to increase their crypto funds through exclusive strategies. As a part of this collaboration, several other announcements will also be made, paving the way for the launch of the Spool V2. Apart from that, Spool’s platform will additionally take part in an AMA session specified for the community of Kunji.
