Bitcoin Market (MB), a digital asset platform, announced the closure of the fourth batch of the Next acceleration program, promoted by the National Federation of Associations of Central Bank Employees (Fenasbac).
The initiative, focused on "DeFi Experience," brought together startups aiming to develop solutions that enhanced the customer experience in the decentralized finance (DeFi) universe. At the Demo Day, held last week in São Paulo (SP), Mullet Finance and Trexx, startups accelerated by MB in the last edition, presented their projects to the tokenization company.
Mullet Finance, a spin-off of Rispar, has proposed a solution integrating the dynamism of decentralized finance with the security of a regulated structure. This facilitates access to DeFi products and offers fixed-rate interest linked to the indices of the protocol used in the transaction.
"Mullet Finance has transformed its collateralized lending solution into a protocol to enable on-chain funding. This innovation aligns with trends like tokenization and Drex, creating a bridge between the traditional market and the opportunities offered by decentralized finance," explains Fabrício Tota, Director of New Business at MB.
Participating in the Next batch #4 was a unique experience. The support from FENASBAC and Mercado Bitcoin allowed us to completely rethink the product and arrive at a definition we hadn't previously imagined. With the support of the mentors, we charted a secure and innovative path to connect the traditional financial market with the DeFi universe, and we're prepared to actively evolve the protocol, making it "Drex-Ready" in the near future.
Trexx, in turn, presented a platform aimed at the inclusion and transformation of people through technology and entertainment, focusing on airdrop management and democratizing access to this type of investment. "Trexx developed a matchmaking system between investors and farmers, an advancement that can significantly improve the efficiency and transparency in the distribution of tokens, benefiting both issuers and recipients of airdrops," says Tota.
"The project was born because we saw an asymmetry in airdrops, similar to what I saw with scholarships in the past when we founded the largest blockchain gaming community in Latin America: people with time but no capital, and people with capital but no time. It was great to have MB as a partner in building this pilot and moving forward in this development to make this type of product more accessible to exchange clients," says Helo Passos, founder of Trexx."
"Bitcoin Market's participation as a maintainer of Next, from its inception, reinforces our commitment to open innovation and the development of truly innovative solutions in the financial market. Our connection with Mullet and Trexx doesn't end here, and we will continue supporting them and exploring new opportunities," states the MB executive.
The exchange confirms its participation in the next batch, which is now open for applications. This time, the challenge is integrating Open Finance with the crypto world. Startups interested in Next, the largest acceleration program in the financial sector, can register until July 28th at this link: https://www.nextfintech.com.br/.
