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Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service

The Series B financing will be used by Cobo to develop the first DeFi-as-a-service, or DaaS, infrastructure, which allows institutions and their customers to access decentralized finance products in a compliant manner, the company announced Wednesday. Specifically, the capital will be deployed to acquire regulatory licenses and ensure that anti-money laundering guidelines are followed on all products.

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Source: Cryptocurrency - investing.com

UK consumer morale wilts under cost-of-living crisis: GfK

Costco brings back purchase limits on toilet paper, cleaning supplies and more