Laser Digital and Keyring bring institutional fixed income markets to Euler

Nomura’s digital asset unit Laser Digital has partnered with Keyring Network to build institutional fixed income markets on decentralized finance infrastructure, with the first lending and borrowing products prepared for Euler Finance. Summary Laser Digital and Keyring have prepared institutional fixed income lending markets for deployment on Euler Finance. Laser Digital will act as risk governor, while Keyring will handle access verification, risk parameters and liquidation design. The framework combines permissioning, quantitative risk modeling, cyber insurance and onchain settlement tools. No launch date, committed capital, fee structure or participating borrowers and lenders have been disclosed. According to a Sept. 2 announcement from Laser Digital and Keyring, the partnership will combine institutional risk controls with permissioned DeFi infrastructure for qualifying participants. Keyring will provide the technology for individual lending markets, while Laser Digital’s asset management division will contribute governance standards, portfolio structuring and market practice. The companies have not disclosed how much capital will be committed to the markets, the fees attached ...