Anchorage Digital is enhancing its Porto wallet by integrating decentralized finance (DeFi) features, allowing institutions to perform swaps and access liquidity. This integration with Uniswap aims to enable institutional players to operate at a 'crypto-native speed' while maintaining security, according to CEO Nathan McCauley. Notable clients of the Porto wallet include Maple Finance, the Sui Foundation, and dYdX. Other firms like Blockdaemon and Fireblocks have also introduced institutional wallets. Institutional DeFi involves regulated entities such as banks and hedge funds participating in DeFi ecosystems, merging transparency with compliance and risk management. As of now, Uniswap boasts a total-value-locked (TVL) of $4.57 billion, indicating a healthy DeFi ecosystem. Anchorage Digital, valued at $3 billion in December 2021, has partnered with BlackRock for custody services. Despite fluctuations in the DeFi sector, institutional interest in crypto is growing, driven by increasing regulatory clarity and the advantages of faster transactions. Read more AI-generated news on: https://app.chaingpt.org/news