Panther Protocol and PureFi Unite to Revolutionize DeFi with Privacy and Compliance

Panther Protocol Foundation (PPF) has joined forces with PureFi to enable privacy-enhanced and compliant on-chain transactions. Through this strategic partnership, PureFi will become an official Zone Manager within Panther’s Shielded Pool. It will unlock a groundbreaking integration of confidentiality and regulatory compliance for financial services. Panther Protocol Foundation is a privacy-focused DeFi infrastructure that ensures regulatory compliance. The other partner, PureFi, is a leading KYC/KYT solutions provider for decentralized finance (DeFi).

PureFi’s Zone Combines Privacy and Compliance

Panther’s Shielded Pool introduces Zones, logically partitioned environments. In these environments, users can conduct transactions that preserve confidentiality. PureFi’s role as a Zone Manager will enable the creation of an exclusive Zone. This Zone will be tailored to ensure compliance with regulatory standards while maintaining privacy. The Zones will restrict transactions to allow listed assets, counterparties, and decentralized applications. It provides robust security and regulatory adherence.

PureFi’s Zone also addresses one of DeFi’s most pressing challenges. This challenge includes the inherent transparency of pseudonymous blockchains. By preserving confidentiality, PureFi aims to mitigate risks such as strategy theft and front-running. These are the barriers that have long impeded mainstream DeFi adoption.

Panther’s Infrastructure Strengthens DeFi Compliance

This collaboration signifies a major leap forward for enterprise users. It includes asset managers, brokers, and institutions. Panther’s privacy-enhancing infrastructure is coupled with PureFi’s advanced AML compliance capabilities. Together, they offer a seamless solution for on-chain financial services. The partnership also includes co-marketing initiatives to promote the innovative PureFi Zone. It further drives the adoption of compliant DeFi solutions.

Oliver Gale, co-founder of Panther Protocol, commented on the partnership. He stated, “This is a natural progression in our shared mission to build confidential and compliant infrastructure for DeFi. For the first time, asset managers, brokers, and institutions will be able to access on-chain services that effectively integrate privacy-preservation, liquidity, and compliance. Together, we’re creating a robust network of interconnected Zones that preserve confidentiality while providing compliant access to DeFi for users worldwide.”

Slava Demchuk, CEO of PureFi, further emphasized the significance of the partnership. He said, “Panther’s infrastructure provides the perfect foundation for PureFi to deliver confidential and compliant DeFi solutions to our users. This agreement strengthens an already strong partnership, setting the stage for a new era of secure, trusted, and accessible decentralized finance.”

Panther Protocol and PureFi integrate privacy-enhancing technologies with advanced compliance frameworks. By doing this, both partners aim to set a new standard for security, confidentiality, and compliance in the DeFi ecosystem.

Source