Cryptocurrency custodian FinOA will provide regulated DeFi

According to Twitter, Berlin-based cryptocurrency escrow company Finoa is expanding its range of brokerage and cryptocurrency staking services, including easy access to regulatory-compliant decentralized finance (DeFi) through the company's custodial wallet infrastructure. The company said on Tuesday that after receiving license approval from German financial regulator BaFin earlier this year, the hosting provider is providing FinoaConnect, a wallet integration that includes a range of licensed DeFi platforms, Web3 applications, and blockchain governance scenarios for its more than 300 institutional customers.