According to a report, UK asset manager MDIM Holdings said that it would contribute US$500,000 to Life DeFi. The integration of Life DeFi’s wallet with MDIM Holdings’ securities infrastructure will enable a feasible use case for major investors.
This will expand the investment fund’s availability because it now allows anyone to invest as little as $100, which was not allowed before to our platform. The next four quarters will see an equal distribution of these $500,000 investments. By the end of February 2024, the first installment of the distribution is due.
We are thrilled to collaborate with Life DeFi in order to make asset management opportunities more accessible to anyone. MDIM CEO Carl Marshall-Davies said, “We hope to empower retail investors with greater financial inclusivity and the ability to effectively diversify their portfolios by integrating our securities infrastructure into Life DeFi.”
By connecting traditional banking and DeFi through such a cooperation, a more all-encompassing financial ecosystem can be created.
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