First Permissioned Decentralized Exchange Launch on Solana
- Solrise Finance and Civic Technologies launch the first permissioned DEX on Solana.
- Solrise DEX Pro allows institutional investors to access Decentralized Finance.
- The DEX utilizes the Civic Pass for its KYC identification requirements.
Decentralized fund management and investment protocol Solrise Finance and decentralized identity firm Civic Technologies partnered to launch the first Solana-based decentralized exchange with permissioned access. As regulators continue to eye DeFi, a permissioned DEX allows for more checks within Decentralized Finance (DeFi).
The product, Solrise DEX Pro, will offer a traditional order book experience and a permissioned environment that’s suitable for institutional investors. It’s built on Project Serum which is a DEX that utilizes Solana’s throughput. Aside from this, Civic Pass, Civic Technologies’ identity verification for DeFi will be integrated.
Read more: https://coinquora.com/first-permissioned-decentralized-exchange-launch-on-solana/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
