French DeFi Platform Atlendis Obtains PSAN License, Secures $1M From BPI
French DeFi platform Atlendis has achieved two significant milestones in its mission to reshape finance. Firstly, it obtained a PSAN license, demonstrating compliance with French and upcoming European crypto regulations. Secondly, it secured a $1 million loan from the French public investment bank, BPI, to fuel the growth of its new product, Atlendis Flow. This product aims to simplify decentralized lending for institutional borrowers by enabling direct crypto-to-fiat transactions and providing on-chain liquidity for real-world use cases.
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French DeFi Platform Atlendis Obtains PSAN License, Secures $1M From BPI
French DeFi platform Atlendis has achieved two significant milestones in its mission to reshape finance. Firstly, it obtained a PSAN license, demonstrating compliance with French and upcoming European crypto regulations. Secondly, it secured a $1 million loan from the French public investment bank, BPI, to fuel the growth of its new product, Atlendis Flow. This product aims to simplify decentralized lending for institutional borrowers by enabling direct crypto-to-fiat transactions and providing on-chain liquidity for real-world use cases.