Chintai Establishes Partnership with DeFi Insurance Provider iTrust

iTrust will work with the Chintai network to provide syndicated coverage. What distinguishes iTrust is its ability to provide reinsurance while also maximizing the staking benefits for decentralized finance products such as InsurAce, Nexus Mutual, and others.

FREMONT, CA: Chintai, a Singapore-based SaaS company that leads in compliant blockchain technology for capital markets, has collaborated with iTrust, a decentralized finance insurance protocol. iTrust will give deposit insurance, smart contracts, and impermanent loss protection for liquidity providers on the Chintai network, resulting in a more dependable ecosystem for all users.

The collaboration was formed ahead of Chintai's private institutional beta release, which allows financial institutions to test compliant digital asset issuance and secondary trading for traditional assets such as bonds, equities, real estate, and debt at no cost. Several institutional participants, including investing leaders Collective Capital, B1, Chimera Wealth, and Cryptology Asset Group, have joined the beta by evaluating the tokenization of traditional assets on the platform.

iTrust will work with the Chintai network to provide syndicated coverage. What distinguishes iTrust is its ability to provide reinsurance while also maximizing the staking benefits for decentralized finance products such as InsurAce, Nexus Mutual, and others.

In an industry that lacks insurance for crypto assets, companies like Chintai rely on iTrust to provide a userfriendly bridge that allows traditional financial institutions to effortlessly port regulated assets to a fully compliant blockchain environment.