CoinDesk reported that Algorand, the proof-of-stake network founded by Silvio Micali, has partnered with digital custody tech provider Curv to enhance the decentralized finance (DeFi) space. Curv will integrate Algorand into its asset-agnostic infrastructure, while Algorand will leverage Curv’s multi-party computation (MPC) technology for secure wallet functionality. This partnership aims to attract traditional institutions, payment providers, and governments by offering trusted DeFi solutions. Curv users can now transact and store ALGO and Algorand Standard Assets (ASAs). Curv CEO Itay Malinger highlighted MPC's efficiency for secure transactions without bottlenecks. With this collaboration, both firms aim to bridge traditional finance and DeFi.
To read in full, click here.
