Techemy Capital launches DeFi strategies for investors

By Edil Corneille

Techemy Capital (TCAP), a regulated financial services provider and funds management company, announced the launch of DeFi-based investable products to help investors tap into the open finance ecosystem. Run by programmable algorithmic code, DeFi removes middlemen and connects principals directly, thereby reducing capital inefficiency to enable higher yields.

Hosted on the TokenSets platform, Techemy’s new offering consists of three initial actively managed investment portfolios. The company removes much of the friction typically found in investment products, offering no minimum deposit or lockups, 24/7 performance reporting, free withdrawals, and full transparency on the Ethereum blockchain.

Techemy Capital’s portfolios allow investors to gain exposure to BTC, ETH and a yield-bearing stablecoin pair. Custody functions are abstracted to the decentralised smart contracts, powered by TokenSet’s Set Protocol.

“We’ve been talking about DeFi being a game-changer since 2014. DeFi is a recent term that’s come about due to the industry infrastructure becoming mature enough for innovative investable products to scale globally. Money and value are now woven into the fabric of the internet. Liquidity is abundant and risk is manageable. This is a radical shift and creates an environment that is appealing to many investor types,” said Fran Strajnar, Executive Chairman of Techemy Capital.

By utilising Set’s platform with UX, TCAP is able to roll out strategies that cater to the needs of accredited investors and professional money managers.

“We’re excited to work with Techemy to bring their sophisticated strategies to a broader audience beyond DeFi, and we believe that TokenSets offers the perfect platform to do so,” said Felix Feng, Founder and CEO of TokenSets. “This partnership between Set and Techemy Capital sends a strong signal to the market that DeFi is rapidly maturing. TokenSets offers Techemy highly reliable infrastructure to serve their needs so that they can expand their market offerings with confidence.”

On the initial launch of TCAP’s yield product this week, investors will get access to a product that is a  100 per cent liquid and instantly redeemable and can gain exposure to potential 4-12 per cent annual returns in income or 30 per cent in capital gains, all the while keeping control of the private keys.

All portfolios are self-custodial. When an investor chooses to participate, their assets are deposited and locked in a smart contract, and a tokenised certificate of deposit is automatically issued back to the sender’s wallet address. This deposit token can be transferred back to the smart-contract at any time allowing capital to be immediately returned.

“With the speed of innovation in DeFi and quality of partnerships, Techemy Capital is able to roll out new investment instruments ahead of the curve,” added Strajnar. “Furthermore, our relationship with BraveNewCoin.com will allow for decentralised index-tracked products to finally come to market. This will be another substantial product release planned for later this year.”