According to reports from Wu, DeFi data analysis company IntoTheBlock and liquidity solutions provider Trident Digital have announced a merger to form a new entity, Sentora. Sentora is dedicated to providing institutional investors with a one-stop compliant DeFi platform.
Currently, Sentora is advancing a $25 million financing led by New Form Capital, with participation from Ripple and Tribe Capital. Sentora will integrate the expertise of both parties in DeFi data analysis and liquidity structure design to provide asset managers with services such as yield strategies, risk control, compliance, and structured products.