“The occasions of the final 12 months have made it clear that authentic crypto and DeFi initiatives with a long-term technique can not afford to function outdoors the bounds of TradFi regulatory frameworks,” stated Republic Crypto head Andrew Durgee in a press launch. ”Astra Protocol converges the most effective of each worlds for particular person customers, permitting everybody to proceed reaping the advantages of Web3 with out compromising their privateness, safety, or anonymity.”