Trakx, a leading global fintech company, has introduced a new product called the Trakx USDc Earn CTI in collaboration with OpenTrade. This innovative instrument is designed to help USDc holders generate high risk-adjusted returns backed by US Treasury Bill yields. Through the Trakx platform, users can easily invest in this CTI to earn stable and predictable yield while benefiting from the security of real-world financial assets managed by OpenTrade’s bankruptcy remote structure.
The partnership between Trakx and OpenTrade exemplifies France’s emergence as a regional hub for digital asset companies, showcasing a blend of traditional and digital finance in a secure and consumer-friendly manner. Jeff Handler, Co-founder & Chief Commercial Officer of Opentrade, notes that the USDc Earn CTI offers users the opportunity to earn competitive returns on idle balances seamlessly and securely.
Lionel Rebibo, CEO and founder of Trakx, emphasizes the significance of this product in bridging the gap between the digital and traditional worlds. Through the USDc Earn CTI, clients can transform their dormant assets into a reliable source of revenue while enjoying the benefits of both DeFi and traditional financial security.
Trakx is committed to setting new standards for digital asset investments, providing sophisticated investors with thematic Crypto Tradable Indices (CTIs) and customised solutions. Registered with the French regulator (AMF), Trakx ensures a high degree of compliance, custody, and liquidity for its clients.
OpenTrade, on the other hand, offers an institutional-grade platform for on-chain lending and yield products. Their platform enables FinTechs to offer users yield products backed by high-quality liquid assets, ensuring seamlessness, security, and compliance. With OpenTrade, global customers can access accessible US Dollar- and Euro-denominated yield products with a security guarantee in a time-tested legal framework.
Overall, the launch of the Trakx USDc Earn CTI represents a significant advancement in the digital asset landscape, providing users with a unique opportunity to earn returns on their USDc holdings in a secure and reliable manner. To learn more about Trakx and OpenTrade, visit their websites at http://www.trakx.io and http://www.opentrade.com.
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