mauve

ChainCatcher news, the decentralized exchange Mauve for trading compliant assets and real-world assets (RWA) has officially launched today. Mauve is a subsidiary of Violet, which is a compliance and identity infrastructure platform for decentralized finance (DeFi), supported by the digital asset division of hedge fund giant Brevan Howard and the venture capital division of cryptocurrency exchange Coinbase.According to data from the crypto platform RootData, on March 9, the compliance-focused DEX Mauve completed a $15 million funding round, with participation from Coinbase Ventures and others.

ChainCatcher news, the decentralized exchange Mauve announced the completion of a $15 million funding round, with participation from Brevan Howard, Coinbase Ventures, BlueYard Capital, Balderton, Ethereal Ventures, and FinTech Collective.It is reported that Mauve offers secure self-custody and a modular design, along with all the stringent compliance checks of traditional banks and brokerage firms. Mauve will not only incorporate traditional "know your customer" tools but also security features such as geofencing, which will prohibit users from sanctioned countries/regions from using the platform.In addition, Mauve will provide trading for assets such as stablecoins and Ethereum, but the range of available assets will be determined by the customer's nationality. (Source link)