Cega expands to Ethereum, announces new product and new company establishment | coindesk JAPAN | Coindesk Japan

Cega Finance (Cega), a pioneer in the DeFi (decentralized finance) derivatives market that built the world’s first structured bonds using crypto-assets, announced on April 1 that it will add the Ethereum block in addition to the existing Solana blockchain. Released the application on the chain as well.

Deploying on the Ethereum blockchain will allow Cega’s innovative services to be offered on the largest layer-1 blockchain. Compatible with major Ethereum wallets such as Metamask, Coinbase Wallet, and WalletConnect.

At the same time, as a new product, we will start a staking product “Leveraged Options Vaults (LOVs)” that can obtain higher yields than usual. In early April, we plan to offer it only on the Ethereum blockchain.

It also announced the establishment of Tras Mobian, a group company specializing in option trading and market making.

Cega said in a release that it will continue to focus on expanding the possibilities of DeFi and giving users the ability to control their future financial situation.

｜Text and editing: coindesk JAPAN editorial department
｜ Top image: Cega website