SEBA submits a proposal to Aave Governance for adding SEBA Bank as a “Whitelister” to Aave Arc.
SEBA is a licensed and supervised Swiss Bank providing a seamless and secure bridge between digital and traditional assets. SEBA serves professional and institutional clients which include top-tier private banks, asset managers and crypto companies. The interest of SEBA’s clients and prospects for crypto earning products has grown substantially overtime. Initially lending crypto and staking with SEBA, those investors are now showing significant interest for accessing yields in DeFi protocols. Due to various regulatory restrictions in their jurisdictions, SEBA’s institutional clientele has not been able deploy liquidities at large scale in Aave until now. The launch of Aave Arc with its permissioned layer represents a great opportunity for them to access DeFi yields while remaining compliant with their regulatory obligations. At SEBA, we believe that this will directly benefit the Aave community with institutional liquidities accelerating growth in TVL and in protocol revenues.
The Aave Governance will review and approve Whitelisters that will conduct the requisite level of due diligence on Aave Arc participants. As a Swiss digital asset bank, we believe that SEBA is ideally positioned to provide those investors with the flexible and fully regulated platform that they need to bridge new liquidities in Aave Arc.
Founded in April 2018 and headquartered in Zug, Switzerland, SEBA Bank is a pioneer in the banking industry with the mission to build a regulated and progressive technological bridge between the traditional and the crypto worlds. With a FINMA banking and securities dealer license, SEBA Bank closes an important gap between the new digital economy and traditional banking. SEBA Bank enables professional individuals and companies as well as institutional clients to invest, custody, trade, stake, lend and borrow digital and traditional assets, all in one place.
What SEBA brings to the Aave Arc community:
For more details, please check the forum post: https://governance.aave.com/t/arc-adding-seba-bank-as-a-whitelister-to-aave-arc/6661