SBI Group's Chainlink Partnership Boosts Interest in Decentralized Hedge Funds

Japan's SBI Group has solidified its position as a major player in the cryptocurrency market by partnering with Chainlink to expand its digital asset infrastructure. This move is seen as a significant step towards mainstream adoption of blockchain technology.

However, LINK stakers are earning under 5% APY, which is a far cry from what traditional fund investors expect. To bridge this gap, Taurox IO has launched a decentralized hedge fund that offers an 80% profit share and a burn mechanism to reduce supply permanently.