Protocol powering institutional decentralized finance. Also backed by Arrington, Alameda, and IOSG.
Persistence is a protocol that facilitates the creation of next-generation financial products by leveraging blockchain technology. It aims to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi) by enabling seamless exchange of assets across different blockchain networks. Persistence focuses on the tokenization of real-world assets and their integration into the crypto ecosystem, thus providing liquidity and new financial opportunities. The backing from notable investors such as Arrington XRP Capital, Alameda Research, and IOSG Ventures underscores its potential to significantly impact the DeFi space by broadening the scope and accessibility of financial services.