Anchorage to Integrate Uniswap to Wallet for Insitutional DeFi
Anchorage Digital is enhancing its Porto wallet with decentralized finance (DeFi) capabilities, allowing institutions to perform swaps and access liquidity. This integration with Uniswap aims to enable institutions to operate at "crypto-native speed" while maintaining security. Clients of the Porto wallet include Maple Finance, the Sui Foundation, and dYdX. Institutional DeFi involves regulated financial entities like banks and asset managers participating in DeFi ecosystems, balancing transparency with compliance and risk management. Uniswap currently holds $4.57 billion in total-value-locked (TVL), reflecting the ecosystem's health. The overall DeFi sector has seen fluctuations, with TVL dropping from $137 billion to $106 billion since June 2024. Increased regulatory clarity has spurred institutional interest in crypto, highlighting benefits such as faster transaction speeds.
