Knit Finance partners with Neblio to integrate K-NEBL tokens in its Multichain platform

Knit Finance is pleased to announce a collaboration with Neblio, a secure, distributed platform for enterprise apps and services.
Knit Finance is a decentralized technology that allows users to create cross-chain wrappers for key assets. Users can deposit to insured custody and mint their assets using Knit Finance.

Knit Finance’s multichain technology will be linked with Neblio’s native tokens, allowing NEBL to be transacted across multiple independent blockchains in a wrapped K-NEBL token.

Wrapped K-NEBL tokens for Cross-Chain Transactions

Neblio Platform intends to give organizations with fully open-source APIs, tools, and services for deploying dApps. The Neblio Token Protocol-1 allows for the generation of one-of-a-kind tokens. The Neblio Network, which is powered by Tachyon, is lightning fast now and poised to scale in the future.

Knit Finance’s multi-chain APY optimization lets users to optimize DeFi yields. Knit users can employ insured custody to increase collateral security and gain access to wrappers for their whole portfolio. Knit Finance supports the k token standard, which is a token wrapper for assets maintained under insured custody.

About KnitFinance

Knit Finance is a decentralized system that allows you to create cross-chain wrappers for the top 200 assets. It provides all-market bridges to ensure asset fluidity across chains and allows institutions, developers, farmers, and traders to mint Knit’s k tokens via trusted custody.

About Neblio

Blockchain is made simple with Neblio. The Neblio Token Protocol-1 and its unique metadata properties make tokenization of physical and digital assets simple and painless without requiring any programming or technical knowledge. Neblio is the easiest blockchain platform to develop your use case on, whether you’re starting a new project, running an existing business, or just want to create for fun.