Alkemi Network is a liquidity network that facilitates compliant borrowing and lending of Ethereum-based digital assets through both KYC permissioned and permissionless liquidity pools. It addresses the challenges of limited access to decentralized finance for centralized institutions and individuals by providing advanced risk management, reporting features, and a trusted counterparty environment.
Funding
$5.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AACLFounders
Product
Problem
Centralized institutions and individuals face challenges accessing decentralized finance (DeFi) due to compliance risks, limited liquidity, insufficient reporting, and a lack of trusted counterparties. This restricts their ability to earn yields on Ethereum-based digital assets.
Solution
Alkemi Network provides a compliant DeFi liquidity network that bridges the gap between CeFi and DeFi, enabling institutions and individuals to earn yields on their digital assets. The network facilitates borrowing and lending through both KYC-permissioned and permissionless liquidity pools, offering a trusted counterparty environment. Alkemi's solutions provide advanced risk management, institution-grade reporting, and seamless access between Web2 and Web3 digital asset allocators. The platform supports multiple Web3 wallets and offers an embedded DeFi user interface for exchanges, allowing their customers to borrow and lend from their own platforms.
Target Audience
Alkemi Network targets digital asset allocators, centralized exchanges, custodians, and individuals seeking access to decentralized financial structured products with compliance and risk management features.
Features
- KYC-permissioned liquidity pool ('Verified') for guaranteed compliant access with allow-listed users.
- Permissionless liquidity pool ('Open') for a true DeFi experience with advanced reporting and risk management.
- Support for ERC-20 compatible assets including ETH, WBTC, DAI, and USDC.
- Institution-grade reporting with on-demand transaction, asset allocation, and balance reports.
- Web3 and Multisig wallet support to minimize risk and maximize liquidity and control.
- Alkemi Bridge SDK for exchanges to provide customers with direct access to DeFi protocols.
- Liquidity Mining Program offering ALK token rewards for participants in both 'Verified' and 'Open' pools.