What is the story about?
What's Happening?
FactBlock, a leading blockchain ecosystem builder from Korea, has announced its partnership as a founding member of the ORBT DAO Foundation. This foundation will oversee the governance and transparency of the ORBT Protocol, a modular capital system designed to monetize idle liquidity and generate sustainable yield. FactBlock's involvement signifies its commitment to ORBT's mission of delivering sustainable yield by integrating digital assets into institutional-grade settlement strategies. The ORBT Protocol enters the market with $20 billion in pre-funded settlements and a payments network that has processed $10.5 billion in settlement flows, ensuring its utility and demand from inception.
Why It's Important?
The partnership between FactBlock and ORBT DAO Foundation is significant as it aims to establish ORBT as a new capital layer for decentralized finance. This collaboration is expected to unlock opportunities for FactBlock's community and enhance the protocol's global reach. By bridging digital assets with institutional-grade strategies, ORBT could potentially transform the decentralized finance landscape, offering sustainable yield solutions to institutions and investors. The involvement of FactBlock, known for connecting institutions with Web3 innovators, further validates ORBT's potential to scale as a trusted global capital layer.
What's Next?
FactBlock will work closely with ORBT to connect the protocol to its global network of institutions, investors, and builders. This partnership is designed to unlock meaningful opportunities for FactBlock’s community while establishing ORBT as the new capital layer for on-chain finance. The ORBT Protocol waitlist is now live for early access and benefits, indicating a strategic move to attract more stakeholders and expand its influence in the decentralized finance sector.
Beyond the Headlines
The collaboration between FactBlock and ORBT DAO Foundation highlights the growing trend of institutional involvement in decentralized finance. This partnership could set a precedent for other institutions to explore similar opportunities, potentially leading to increased adoption and integration of blockchain technologies in traditional finance sectors. The focus on governance and transparency within the ORBT Protocol also underscores the importance of building trust and credibility in the decentralized finance space.
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