Big Change: Catalysis Now Focuses on Big Money in DeFi

Catalysis, a blockchain infrastructure project, has made a big change. They are now focusing on helping big companies use decentralized finance (DeFi). This shift is important because big companies have a lot of money but are cautious about using DeFi. Currently, only a tiny bit of DeFi is insured. Most insurance options out there can only cover a few million dollars. This is a problem for big companies that need much more coverage. Catalysis aims to fix this by offering insurance that can cover billions of dollars. The new system uses idle cryptocurrencies like ETH, BTC, and SOL. These are put into special pools managed by experts. Big companies can then apply for insurance, pay fees automatically, and get payouts if something goes wrong. This system is fully onchain, meaning it's transparent and automated. Catalysis's new platform supports multiple assets and is designed to meet regulatory requirements. It aims to make DeFi safer and more accessible for big companies. This could lead to more money flowing into DeFi, which is a good thing for the industry. Catalysis is now talking to potential partners and will share more details soon. This move could help Catalysis become a major player in the DeFi insurance market.