IntoTheBlock and Trident have announced a merger that aims to establish a gateway for institutional participation in decentralized finance (DeFi). The collaboration has secured $25 million in backing to develop services catering to institutional investors looking to leverage blockchain technology and DeFi opportunities. The merger aligns with the growing trend of institutions seeking to engage with the DeFi sector, which has seen significant growth in recent years. The combined capabilities of both companies are expected to facilitate better access and infrastructure for traditional financial entities transitioning into the DeFi ecosystem. The partnership reflects the broader narrative of financial modernization and the integration of decentralized solutions within conventional financial frameworks, indicating a promising future for institutional DeFi.

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