Cryptocurrency institutional wallet developer Curv has integrated Compound protocol

Crv, an institution-level wallet developer for cryptocurrency, announced that it has integrated the Compound protocol and provides services to asset management companies, exchanges, and other institutional clients through Compound. At present, only cryptocurrency deposits are supported. Users can deposit their idle crypto assets into smart contracts and earn interest. Curv plans to allow customers to borrow crypto assets through the Compound agreement in the near future. Josh Schwartz, Curv’s chief operating officer, said that to introduce Compound, the company specifically built an independent “policy engine” to match Compound’s Ethereum-based smart contracts. According to previous reports, Curv announced at the beginning of this month that it has completed a Series A round of financing of 23 million US dollars. Ten thousand U.S. dollars.