DeFi Fintech News

DeFi Technologies Selects Bison Trails to Expand its Secure Node Infrastructure to Power Staking and DeFi Applications

DeFi Technologies Selects Bison Trails to Expand its Secure Node Infrastructure to Power Staking and DeFi Applications
  • Infrastructure expansion will power staking and DeFi applications as part of DeFi Infrastructure and Governance business, generating  revenue from staking and advancing the overall DeFi ecosystem
  • Bison Trails, the leading blockchain infrastructure platform-as-a-service company, will provide secure infrastructure for both staking as well as development capabilities across multiple blockchains

DeFi Technologies Inc., a technology company bridging the gap between traditional capital markets and decentralized finance, announced it selected Bison Trails, the leading blockchain infrastructure platform-as-a-service company, to enhance the node infrastructure for the DeFi Infrastructure and Governance business line. This collaboration with Bison Trails will enable DeFi Technologies to expand on its mission to promote the DeFi ecosystem with node decentralization and governance participation along with staking.

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As part of the agreement, Bison Trails will begin by openly implementing validator nodes leveraging Bison Trails’ infrastructure and protocol expertise. The effort will contribute to the DeFi ecosystem by further establishing secure and reliable networks, voting, and increasing overall decentralization. DeFi Technologies will be actively staking in collaboration with its wholly owned subsidiary, Valour Inc.

“Bison Trails is an industry-leading infrastructure provider for a growing number of blockchains, who importantly shares an aligned mission with Defi Technologies: to advance the DeFi ecosystem and improve network security,” said Diana Biggs, Chief Strategy Officer at DeFi Technologies. “We share Bison Trails’ strategic vision to support the entire decentralized ecosystem, and hope our contribution will help fuel some of the world’s leading crypto and financial technology projects and protocols.”

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“We are excited to work with companies like DeFi Technologies that are contributing to the growth of the crypto ecosystem. By providing secure, reliable infrastructure, our goal is to empower DeFi Technologies to seamlessly launch products and services that bring in participants from traditional capital markets into crypto markets,” said Aaron Henshaw, Head of Engineering at Coinbase Cloud and Co-Founder of Bison Trails.

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