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A New Era of DeFi Applications Set to Take Blockchain Mainstream

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Concordium’s Reg DeFi Lab now accepting grant applications

ZURICH, March 9, 2022 /PRNewswire/ — The Concordium Reg DeFi Lab, launched by Concordium and Verum Capital, is the first lab for regulated decentralized finance projects. It aims to support and fund projects developing the next generation of DeFi products and services with a community endowment program of 650M CCDs. Concordium and Verum Capital forecast that the next generation of DeFi applications will facilitate enterprise and institutional client adoption.

The opportunities that Web3 offers have become undeniable. Current DeFi applications do not conform with many of the financial services regulations in force today. Prompted by these challenges, the Reg DeFi Lab aims to close the gap between decentralized finance and regulation, by supporting and funding new applications that will conform to regulatory requirements. 

The next evolution of DeFi applications, DeFi 3.0, will see the introduction of new products and services that incorporate regulatory requirements to support the interests of enterprise, institutional…

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