Share this article
Crypto Custodian Curv Is Helping Institutions Dabble in DeFi With Compound Integration
Custody startup Curv is using Compound, the leading lending protocol in DeFi, to help institutions earn interest on idle crypto.
Updated May 9, 2023, 3:10 a.m. Published Jul 16, 2020, 9:10 p.m.
Custody startup Curv is using the leading lending protocol in decentralized finance (DeFi) to help institutions that want to earn money on idle crypto.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
By way of the Compound protocol, Curv is offering its service to asset managers, exchanges and other institutional clients. Only deposits will be supported for now, though Curv says there are plans to enable clients to borrow crypto assets through Compound in the near future.
“We got requests for it maybe about two, two-and-a-half months ago,” said Curv Chief Operating Officer Josh Schwartz. “Compound is the first DeFi integration. They’ve seen a lot of growth lately, and they lead the way with 40% of DeFi value locked up in their protocol.”
Read more: Compound Tops $1B in Crypto Loans as DeFi Farmers Keep Digging for Yield
Schwartz wouldn’t comment on what Curv’s next DeFi integration would be, but to make Compound happen the company had to build a separate “policy engine” that matched up with Compound’s Ethereum-based smart contracts.
“[Compound] has a long list of institutions who would love to interact with them but need a secure stack to do so,” Schwartz said.
Read more: Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm
Curv is a custody startup that specializes in multi-party computation. In April, the company expanded into Asia with an office in Hong Kong and a partnership with Japan-based Crypto Garage. Earlier this month, Curv announced a $23 million Series A funding round with backing from the likes of Coinbase Ventures and the investment arm of Germany’s Commerzbank.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks
The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.
What to know:
- Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
- The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
- The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.
Top Stories
