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Nexus Markets Expands Partnership with GMO-Z.com Trust Company by Offering Japanese Yen Stablecoin 'GYEN' and 'ZUSD' Interest-Earning Vaults


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NEW YORK, May 25, 2021 /PRNewswire/  GMO-Z.com Trust Company, Inc. ( GMO Trust ), the New York-based, regulated stablecoin subsidiary of Japanese financial services and Internet conglomerate GMO Internet Group ( GMO ) today announced an expanded partnership with Nexus Markets, a retail and institutional exchange partner, to offer JPY-pegged GYEN and USD-pegged ZUSD stablecoin Vaults. 
(PRNewsfoto/GMO Internet Group)
Nexus Markets is an established exchange provider of GYEN and ZUSD liquidity. They are now expanding their support of these assets to offer their customers 7% interest on GYEN and 11% interest on ZUSD deposits (rates subject to change). The Vaults are the first in the market that allow retail and institutional clients to earn positive yields on their GYEN and ZUSD assets. ....

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Alkemi Network Launches Out of Stealth to Bridge CeFi to DeFi


Alkemi Network Launches Out of Stealth to Bridge CeFi to DeFi
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TORONTO, April 27, 2021 /PRNewswire/ - Alkemi Network is launching out of stealth as the world s first decentralized liquidity network to offer institutional DeFi. After closing a $4.6 million investment round with over $5 million of liquidity deposits seeded to the network, Alkemi is live on mainnet. The flagship borrowing and lending protocol, Alkemi Earn, provides centralized financial counterparties with compliant, turnkey access to DeFi.
Over the past 6 months, Alkemi has prioritized product, network reach and community buildout, whilst closing a growth round and onboarding 25 liquidity providers. ....

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