Qori Capital, a Financial Management Company that Ran the Largest Fund in Peru, Applies to Be an Affiliate Member of the DeFi Money Market Ecosystem
Summary
Qori Capital, a financial management company that ran the largest fund in Peru, has applied to become an affiliate member of DeFi Money Market (DMM), the decentralized protocol and ecosystem that brings earned interest back into the global monetary system. Qori Capital would also work with DMM to open additional Latin American markets to the DMME. Mario Pazos, Director at Qori Capital, said, "We look forward to hopefully having the honor of running the first test case of introducing machinery, real estate, and vehicles as an asset class to the DMME. DMM enables a stable 6.25% APY to be earned on deposited funds (currently ETH, DAI, USDT and USDC). DMM tokens help fight inflation because they are based on real-world, income-generating assets, such as aircraft, vehicles, and real estate.