With the Compound integration, Curv’s customers, which include global investment fund Franklin Templeton, “no longer need to let their digital assets sit idly,” said Curv in an announcement. Instead, they can earn money on their cryptocurrency by lending it out through Compound’s non-custodial smart contracts.
Curv, founded in 2018 and headquartered in New York, this month raised $23 million in a Series A investment. CommerzVentures, Coinbase Ventures and Digital Currency Group were among investors.