The merger of Avrio Worldwide, PBC and Moon Mortgage Inc. marks a significant milestone in the cryptocurrency and financial services sectors, aiming to introduce innovative crypto lending products to a broader audience. This partnership leverages Moon's expertise in collateralized crypto lending, where borrowers can access funds without losing the ability to trade their underlying crypto assets, a feature that sets Moon apart in the market. Avrio's extensive ecosystem and infrastructure are expected to accelerate the deployment and scalability of these products, making them accessible to both retail and non-retail markets.
Lawrence Wintermeyer, CEO of Avrio, emphasized the strategic importance of this merger, particularly in light of the growing demand for crypto-related financial products, as evidenced by the success of Bitcoin and Ethereum ETFs. The unique aspect of Moon's lending products, which do not involve lending out customer assets, offers an added layer of security and flexibility, addressing a critical need in the current crypto lending landscape.
Aaron Nevin, Co-founder and CEO of Moon, highlighted the advantages of partnering with Avrio, including access to a global platform and the ability to quickly bring their products to market. This merger is timely, given the cryptocurrency market's rapid growth and the increasing mainstream acceptance of digital assets. The collaboration between Avrio and Moon is poised to offer consumers and investors more secure and regulated lending options, potentially transforming how digital assets are managed and leveraged for liquidity.
The combined capabilities of Avrio and Moon are expected to enhance the crypto lending ecosystem, providing a robust alternative to existing platforms. With Avrio's blockchain-agnostic technology and Moon's innovative lending solutions, the merged entity is well-positioned to lead the next wave of digital asset management and lending services. For more information, visit https://avriotech.io and https://www.moonmortgage.io/.
