UK-based MDIM Holdings Invests $500,000 in Life DeFi to Provide Inclusive Access to Asset Management Opportunities

UK-based MDIM Holdings Invests $500,000 in Life DeFi to Provide Inclusive Access to Asset Management Opportunities

One of UK’s leading asset management companies, MDIM Holdings, has announced a strategic investment of $500,000 into Life DeFi - a prominent player in the decentralized finance sector. The investment will allow retail users to gain access to asset management opportunities, which “traditionally are limited to institutional investors,” the two parties stated in a press release.

As part of the deal, Life DeFi will integrate MDIM Holdings' securities infrastructure into its platform. This will enable retail users of Life DeFi to invest in MDIM funds, with a minimum investment threshold as low as $100. By doing so, Life DeFi aims to dismantle barriers to entry in asset management, granting retail investors the same investment opportunities that were once exclusive to institutional players. Notably, Life DeFi will become the first decentralized finance wallet to offer this functionality for MDIM funds and select other funds and asset management products over time.

Carl Marshall-Davies, CEO of MDIM Holdings, expressed enthusiasm about the partnership: "We are thrilled to partner with Life DeFi to democratize access to asset management opportunities. By integrating our securities infrastructure into Life DeFi, we aim to empower retail investors with greater financial inclusivity and the ability to diversify their portfolios effectively."

Here are the key highlights of this investment:

  • Equal Tranches Over Four Quarters: The $500,000 investment will be disbursed in equal tranches over the next four quarters. The first tranche is scheduled for the end of February 2024.
  • Share Swap Alignment: A notable aspect of this investment is that $100,000 will be executed as a share swap between Life DeFi and MDI Holdings’ securities infrastructure company. This move further aligns the interests and incentives between the traditional finance powerhouse, MDIM Holdings, and the decentralized finance innovator, Life DeFi.
  • Decentralized Finance for All: Michael Gord, owner of Life DeFi, emphasized the mission to make decentralized finance accessible to everyone. "This partnership underscores our commitment to innovation and inclusivity, empowering retail investors to participate in the asset management landscape with unprecedented ease," said Gord.

In essence, the collaboration between MDI Holdings and Life DeFi represents a forward-thinking approach, bridging the gap between traditional finance and DeFi. By doing so, these two companies are contributing to a more inclusive and accessible financial ecosystem for all.

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