Venus Protocol has recently announced its integration with Arculus, a hardware wallet platform backed by CompoSecure (NASDAQ: CMPO). The incorporation of Venus Protocol into the Arculus App will enhance its reach towards security of the audience and institutions by providing lending, borrowing, and staking directly within the app itself. Venus Protocol will use this move to support its long-term goal of scaling out its DeFi infrastructure securely and compliantly.
The integration provides users with a frictionless self-custody experience. A marketing allocation of $100,000 in Venus Treasury stablecoins has also been suggested for further onboarding efforts and co-branded education campaigns.
Venus Protocol Offering Secure User Access to Expand with Arculus Integration
Arculus has already established itself in the digital asset custody category with their cold storage experience coupled with a simple mobile interface. CompoSecure, a publicly listed company, developed the platform for high-security applications in digital finance. Venus will integrate with the Arculus so that users can enable access to DeFi tools across supported chains without having to leave the Arculus environment.
Venus is well positioned to leverage Arculus’ global user base of hundreds of thousands of crypto users who prefer high-assurance security. Venus is looking to reduce risks associated with browser-based interfaces and appeal to institutions by integrating directly with the hardware wallet platform.
Total Value Locked (TVL) and Institutional Engagement
This integration is expected to lead to substantial growth in the total value locked (TVL) and borrowing volume on Venus. It is projected this growth will rise $500 – $800 million in TVL in the next year. Furthermore, future enhancements in the Venus V5 upgrade could also elevate protocol-generated volume between $1.6 million to $2.5 million in annualized revenue.
Hardware wallets are becoming more popular within institutional and conservative retail and the Arculus partnership further emphasizes Venus Protocol’s preparedness for a broader market. The integration provides a mode for drawing in bigger portfolio holders and boosting utility around its DeFi offerings.
These joint marketing efforts will help provide visibility and user engagement as the platform scales for robust and secure, global DeFi access.
