Founded in 2018, Alkemi is building a decentralized on-chain liquidity network with a suite of tools and products that serve as onramps for everyone to participate in DeFi.
The beachhead strategy focuses on enabling Centralized Financial Institutions to access Decentralized Finance. The flagship protocol, Alkemi Earn (Earn) facilitates institution-grade borrowing and lending within a compliant environment.
Earn was launched in closed beta with a primary, permissioned pool of digital assets, 'Verified', accessible only to KYC / AML approved participants. A secondary [separate] permissionless liquidity pool, 'Open', is also available for non-KYC / AML approved Earn users.