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Swarm Markets launches what it claims is the world’s first regulated DeFi platform

Quick Take

  • Swarm Markets has followed a long and winding road to launching a decentralized exchange under the supervision of BaFin, the German regulator.
  • The platform is now finally going live with $15 million in pledged liquidity.
Swarm Markets, a so-called decentralized exchange that is licensed by German regulators, will run KYC checks on its users.

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