AllianceBlock is a protocol designed to bridge traditional finance (TradFi) and decentralized finance (DeFi). It aims to automate the conversion of digital assets into bankable securities with internationally recognized ISINs. This layer 2 solution is blockchain-agnostic, primarily utilizing the Ethereum blockchain. Founded in the Netherlands in 2018 by Rachid Ajaja, Matthijs de Vries, and Amber Ghaddar, the project was accelerated by startup incubators like Level39 and Station F. AllianceBlock aims to create a compliant decentralized capital market connecting traditional and decentralized finance, simplifying the conversion of digital assets into banking-recognized products and solving cooperation issues between the two sectors. Following the BonqDAO exploit involving ALBT tokens, Allianc...
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