DeFi protocol Spool rolls out compliance-focused ‘V2’ to court institutions

Spool Finance has launched v2 of its DeFi middleware product in hopes of becoming a gateway for institutions to enter decentralized finance. 

Spool v2 was created with an eye to regulatory compliance following feedback from the traditional finance institutions Spool is courting with its DeFi product. Two major institutions could join the fray through Spool by the end of next year, the project’s lead contributor said, but declined to name them.

To assure regulatory compliance, Spool was advised by the white-shoe Swiss law firm Bär & Karrer. 

The Spool protocol launched in March 2022 as a “set it and forget it” solution for DeFi investment. The platform creates automated yield…

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