Decentralized finance companies (Defi) Endotheblock and Trident Digital have merged to form a feeling, joining strength to bring institutional investors to the chain.
The new company, directed by Anthony Demartino, co -founder of Trident and former head of Risk Strategies in Coinbase (COIN), is also on the way to closing a foundation round of $ 25 million with a new capital form leading the investment. Ripple, Capital Tribe, UDHC, the joint effects also participated in the fund collection round, with greater support of strategic investors of the ecosystem, including curved companies, Flare and Bankai Ventures. While most investors have already closed the investment, two companies will close the process for June, the company told COINDESK.
The fusion occurs at a time when Defi is maturing “Wild West” in a blockchain -based financial economy with increasingly served offers towards sophisticated investors.
It also underlines the continuous consolidation trend within the cryptographic industry. There were 88 mergers and acquisitions in the first four months of 2025, according to Architect Partners, presenting this year on the way to overcome the record years of 2022 and 2024.
Findo combines the history of Intotheblock in Defi Analytics, which obtains more than $ 3 billion in institutional implementations, with the experience of Trident structuring liquidity programs and financial products.
The platform aims to provide a unique window for institutional investors, offering performance, compliance, risk management and access to structured products, all under a single bell.
“The vision is to build all the central primitive necessary for any institution, be it a cryptographic institution, the DAO Foundation, the traditional financial investor or the individual family office, interact with Defi in a way that feels intelligent, who feels safe, who feels safe,” said Jesús Rodriguez, co-founder of Intotheblock and now cto of feeling, in an interview with Coindesk.
A key obstacle that has hindered assets administrators who enter Defi on a scale is that the space is becoming increasingly complex and fragmented in new chains and protocols, Demartino explained.
“It shouldn’t be so difficult,” he said. “You shouldn’t have to learn about a new chain and learn about a lot of different protocols and understand bridges and different wallets every time you want to go to a new chain.”
According to Demartino, which can help close this gap and attract traditional financial companies in the chain, is to abstract from interacting with individual protocols with a single platform that manages all risk management and liquidity, while maintaining transparency over the underlying plumbing.
“Defi Rails is the future of finance, but it is still a very small market,” he said. Defillama data show that there are less than $ 130 billion of assets for DEFI protocols, eclipsed by the multiple billion assets under administration in Blackrock and Fidelity investments.
“We are building the rails for the next 130 billion assets to come to the chain,” he said.
Read more: Beyond the incentives: how to build durable defi
