PANews reported on March 12 that Nano Labs, SlowMist and Aquarius announced the establishment of the Fortres Foundation and launched the first initiative, the Fortress Initiative. This liquidity management security design framework and process audit standard aims to establish a new security and transparency benchmark for the field of cryptocurrency liquidity management. The framework covers all stages of the liquidity management life cycle, including risk assessment, continuous monitoring and incident response, while introducing measures such as smart contract code audits and multi-chain asset security monitoring to ensure comprehensiveness and operability.

The Fortress Initiative plans to gradually achieve industry integration through a one-year roadmap, and will initially focus on inviting asset management protocols and ecosystem partners with BTC staking needs to participate in the construction. The initiative has received support from industry leaders such as Nano Labs, SlowMist, and Aquarius, and has attracted Takara Lend, a lending protocol supported by Sei Blockchain, to join as one of the first donor members.