Brevan Howard Digital deploys $20 million on Kinto platform to drive institutional participation in DeFi

PANews reported on February 17 that according to CoinDesk, the Abu Dhabi branch of Brevan Howard Digital, a global investment management company, deployed $20 million in assets to the Kinto platform to participate in its on-chain financial ecosystem. Kinto is an Ethereum-based decentralized finance (DeFi) platform that provides customized blockchain and smart contract wallets to support financial institutions in capital deployment while meeting strict compliance requirements. Kinto is the only L2 platform with built-in KYC and AML functions at the blockchain level, with default wallet insurance and comprehensive security features. Kinto’s mining program rewards participants through asset deposits and will gradually distribute rewards over the next 10 years. Brevan Howard Digital became one of the first traditional financial institutions to participate in the program using digital assets.