Institutional DeFi platform Sentora inaugurated with $25 million Series A funding for development
Sentora, a newly formed institutional DeFi platform, has announced the successful completion of a $25 million Series A round. The platform, a merger of IntoTheBlock and Trident Digital, aims to provide compliance-driven, consolidated access to DeFi markets for institutional clients [1][2].
Led by New Form Capital, the funding will support Sentora's mission to address the challenges institutions face in accessing DeFi, particularly around compliance and risk. By consolidating market data and DeFi services, Sentora aims to create a stable, transparent, and compliant environment for institutions to invest and manage assets in DeFi without fragmenting across multiple platforms [1][2][3].
Anthony DeMartino, Sentora's CEO and former Head of Risk at Coinbase, commented that the platform is developing products to address institutional adoption of DeFi. DeMartino, who is well-versed in the regulatory and operational needs of institutional investors, stated that Sentora provides strong risk management and compliance frameworks without sacrificing performance [1].
Sentora will leverage IntoTheBlock's DeFi technology and Trident's liquidity programs for leading Web3 projects like Aave, Sei, and Paxos [1]. In addition, the platform offers institutional-grade curated access to DeFi yield strategies and real-time risk management tools. Sentora also provides custom tokenisation features, lending, and hedging solutions for treasuries and funds [1].
The future of finance, according to DeMartino, is decentralized but not disorganized. Sentora is building infrastructure for institutions to operate at scale in decentralized finance. The platform's strategy aims to give institutions the confidence to deploy capital in decentralized markets [1].
Ripple, Curved Ventures, Flare, and Bankai Ventures joined as strategic investors in the Series A round, alongside Joint Effects and Tribe Capital. With the new funds, Sentora plans to expand its global partnerships and accelerate its tech roadmap [1].
Sentora's goal is to unify DeFi expertise with the help of its partnerships. By doing so, the platform aims to advance its institutional DeFi solutions, positioning itself as a trusted gateway for institutional investors into DeFi [1]. The platform is committed to stability and long-term participation in the DeFi market, dismissing rumours of any significant sell-off of Ethereum assets [1][2][3].
In conclusion, Sentora's plan is to provide a compliant, consolidated, and transparent environment for institutions to invest in DeFi, facilitating mainstream institutional adoption of decentralized finance.
Leveraging funding from the successful Series A round led by New Form Capital, Sentora aims to leverage technology from Web3 projects like Aave, Sei, and Paxos for investing in decentralized finance. By offering institutional-grade curated access to DeFi yield strategies and real-time risk management tools, the platform seeks to attract more institutional investors to the world of DeFi news.
