The company and its affiliate operate in the Decentralized Finance (DeFi) fintech sub-sector. They empower CeFi (Centralized Finance) entities and democratize finance by allowing companies and individuals to “Be the Bank.” The company operates as a SaaS enterprise and is developing commercial-grade programs for the license to qualified entities.
“Access to liquidity is a top concern for non-bank lenders and underbanked entities and individuals,” said Howard Krieger, CEO of un-FederalReserve. “It is incumbent upon the industry to serve the needs of the underbanked first, and then see how the technology can be used to benefit those already being served by traditional banking options.”
unFederalReserve technology powers ReserveFunding, a traditional alternative investment marketplace for crypto holders.
“The future of finance will be a reduction in the need for intermediary entities, the ceasing of unnecessary audits of immutable on-chain data and an expansion in the access to capital for the underserved,” adds Mr. Krieger
ReserveFunding is a liquidity channel for underserved tribal banks and community non-bank lenders. Retail crypto holders can earn passive income without incurring tax events related to the conversion of USDC to fiat currency. unFederalReserve has provided rails into traditional investments with higher and non-ethereum correlated returns. These traditional investments are the qualified entities licensing unFederalReserve’s software.
The company’s other product is ReserveLending. Simply put, ReserveLending is a leading protocol for lending and borrowing in the DeFi space, allowing consumer (retail) lenders to supply their tokens and earn interest on it with non-lock clauses, whilst being able to collateralize its placement and borrow other crypto tokens against it.
Leveraging a fork of the Compound® protocol and following some of the top compliance frameworks in the industry, unFederalReserve stands out as one of the market’s top secure algorithmic money market protocols.
unFederalReserve is built to serve U.S. institutional crypto needs by focusing first on U.S. regulatory compliance and customer experience. “The future holds great promise,” concludes Mr. Krieger.
While no one has a crystal ball, it is evident that the future of finance will include unFederalReserve.
