Toronto, Canada
Alkemi Network is strategically positioning itself at the intersection of centralized finance (CeFi) and decentralized finance (DeFi), with a mission encapsulated succinctly by its slogan: "Bridging CeFi to DeFi." Founded in 2018 and headquartered in Canada, the company is focused on building a decentralized liquidity network. This innovative platform aims to democratize financial systems by offering tools and products that serve as onramps for global participation in DeFi.
The company's flagship protocol, Alkemi Earn (Earn), exemplifies its commitment to compliance and security. It offers institution-grade borrowing and lending through a primary 'permissioned' liquidity pool, utilizing digital assets such as ETH, wBTC, and stablecoins. Alkemi is set to expand its offerings with a 'permissionless' pool accessible during a Token Generation Event, broadening participation in DeFi ecosystems.
The last noted investment came via an Initial Coin Offering with support from Techstars on 30 August 2021. The backing from such a reputable investor underscores the potential and robustness of Alkemi Network’s value proposition within the blockchain and crypto industries.
