OpenDeFi Partners With Unido
After announcing our first ever Buy Back for $ORO only yesterday, we are now proud to announce that OpenDeFi will join forces with Unido EP to support capital deployment into tokenized real-world assets.
Unido is a secure, scalable and decentralized platform that acts as a bridge between the CeFi world and DeFi markets. Powered by Polkadot, they’re working towards connecting businesses, investors and asset managers with new investment opportunities in a completely secure environment. Together, OpenDeFi and Unido will make the DeFi space more accessible for investors.
How Will This Partnership Work?
With this collaboration, OpenDeFi assets, beginning with Gold and Silver, will become available on the Unido Enterprise Platform, allowing an added range of assets for their investors, while retaining full confidence that their assets are 100% insured, held in vaults that are audited daily and entirely in their ownership. This partnership will further deepen with time as OpenDeFi adds more asset classes, 5 of which are forthcoming now that we are nearing Mainnet launch.
Beyond this, $ORO and $UFARM will also become available to Unido EP investors as tokens that can be bought directly off the Unido interface. Since these tokens have immaculate staking opportunities with our sister company UniFarm, they represent attractive crypto offerings that offer a continuous system of staking and accruing returns.
Unido EP is an incredible platform for OpenDeFi to partner with, and the investors using the Unido platform are a welcome addition to the list of ever growing users who are parking their funds in real world assets tokenised on Blockchain by OpenDeFi. This is a synergistic meeting of assets and asset management—and one that is sure to be fruitful for a long time to come.
“We recognize that regular crypto represents only a portion of the risk appetite profile of many investors, so adding commodity-class investments which are held on chain, increases the appeal of digital assets to a wider audience. Adding OpenDefi to the EP platform makes a lot of sense to achieve this.” —Michael Swan, Co-Founder at Unido.
“Unido is very aligned with the ethos of what we’re trying to at OpenDeFi. The emphasis on institutional investment that both projects have makes this one of the most synergistic partnerships we’ve done to date. The Unido EP platform coupled with OpenDeFi real world assets will usher in a wave of new investment from traditional finance to DeFi.” —Mohit Madan, Co-Founder and CEO at OroPocket
P.S: You can buy $ORO tokens directly from OpenDeFi. The first ever BuyBack for $ORO and $UFARM is on June 4, 2021.
Unido EP is a technology ecosystem that addresses the accessibility, security and governance challenges of dApps, enabling enterprises to manage and invest in crypto assets in an intuitive, secure and seamless way.
OpenDefi provides 100% asset-backed banking without the insidious, hidden charges and time-consuming tedium that come with traditional banks. Through their Fiat on-ramp OroPocket, users can invest in multiple asset classes, grow their wealth, enjoy 100% liquidity—all on Blockchain, with a simple app.