Frankfurt School Blockchain Center and DFX enter into partnership
Frankfurt am Main, July 1st, 2022 — Frankfurt School Blockchain Center and DFX have entered into a partnership. DFX is a B2C and B2B brokerage service for DeFi (Decentralized Finance) assets. Instead of buying stocks and ETFs via a centralized service, users buy or sell Cryptocurrencies and tokenized stocks, ETFs or commodities via simple SEPA bank transactions which are then transferred into the user wallets. This self-custody of funds enables investors to be fully self-responsible for their own finances.
The Frankfurt School Blockchain Center is a think tank and research center which investigates implications of the blockchain technology, crypto assets and distributed ledger technology (DLT) for companies and their business models. The partnership will bundle academic as well as practical insights into DLT technology in the banking and finance world in order to be able to offer even better services.
DFX was founded in Switzerland and the service was launched at the end of August 2021. DFX holds an official financial intermediary license in order to comply with all regulations in place which is particularly important to our corporate clients as well as retail investors. Since going live last August, DFX has processed a total transaction volume of more than 43 million EUR. Generating passive and daily passive cashflow is one of the core features of DFX. Our staking service guarantees daily rewards or (compounding) interests right into the user wallets or even into their bank accounts.
DFX COO Jonas Surmann, initiator of the cooperation, highlights: “We are beyond excited about our cooperation with the Frankfurt School Blockchain Center. We believe that this partnership can lift education about DeFi and Crypto in general to a new level. Sharing our knowledge and educating people about DeFi, its opportunities as well as its challenges are part of our identity at DFX. Partnering up with the renowned FSBC, one of the leading institutions within the Blockchain and Crypto space, and Prof. Dr. Sandner provides the credibility to a topic like DeFi that it deserves, since the narrative behind DeFi is nothing less than the reinvention of the entire financial system. We are looking forward to this joint partnership in order to make as many people as possible familiar with the operating principles of DeFi.”
DFX CMO Oliver Rummel adds: “This collaboration is clearly about communicating Blockchain technology in a comprehensible way and its possibilities for anyone in our opinion. DFX is a young business from Switzerland and the perfect blueprint on how DeFi can be explained to users due to our excellent customer feedback and a total transaction volume of more than 43 million € processed in only nine months since our launch. In addition to our business model, we are committed to provide access to decentralized finance to as many people as possible and raise awareness in this context. Together with the Frankfurt School Blockchain Center, I am very much looking forward to this joint partnership.”
Prof. Dr. Philipp Sandner, Head of FSBC, commented on the partnership: “With DFX, we are gaining a valuable partner from the DeFi ecosystem. The team has excellent know-how of the technology and a deep understanding of the disruptive potentials. For us, close contact with business practice is an important element of our work. Together, we will accompany knowledge exchange around DeFi and help to better communicate the potential of the new technology. I am very much looking forward to the cooperation.”
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