Brevan Howard Digital invests $20M in Kinto’s on-chain mining program

Brevan Howard Digital’s Abu Dhabi branch has invested $20 million in Kinto, an Ethereum layer-2 network designed for institutional DeFi participation, according to CoinDesk. With built-in KYC and AML compliance, Kinto allows financial institutions to engage in decentralized finance. This investment makes Brevan Howard Digital one of the first traditional finance firms to participate in Kinto’s decade-long on-chain mining program.