PANews reported on May 20 that according to PR Newswire, the listed company DeFi Technologies (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) announced a strategic partnership with Fire Labs to launch a compliant stablecoin issued by a licensed bank in the United States, officially entering the field of real-world assets (RWA). The stablecoin adopts a 105% over-collateralization mechanism and is equipped with compliant tokens that can generate income. As a strategic partner, Kraken will provide access support through its institutional-level platform Kraken Embed. DeFi Technologies also completed a 19.5% minority equity investment in Fire Labs' parent company AFT, and is expected to achieve profitability through transaction fees, revenue sharing and other models.