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Verso is a decentralized marketplace that revolves around the highly regulated centralized financial industry. Verso is a marketplace where millions of mainstream consumers have simple, intuitive access to DeFi protocols without leaving the Wallet app. The company's goal is to provide a multi-billion dollar market opportunity for the embedded financial industry so that non-financial applications can provide financial products to their user base in a compliant manner, thereby increasing their product stickiness and customer lifetime value. Verso adheres strictly to regulatory requirements by ensuring that products are only shown to consumers who meet eligibility criteria. Verso was created to serve the regulated financial services industry and the community managed by financial services practitioners, including financial service providers and regulated financial institutions. It facilitates the distribution among service providers, financial institutions and customers, as well as the flow of funds for specific products, through dedicated smart contracts. This reduces reliance on intermediaries, greatly reducing distribution costs and increasing efficiency. We're building Verso to make it easier for people around the world. With Verso, people can access financial products without changing their relationship with their e-wallets or banks. Verso will be based on Avalanche. With Avalanche, Verso will be able to drastically reduce network fees by thousands of times. That way, to get a small loan of $5-100, you won't need to spend $20-40 in network fees, just a few cents at most.

Bitcoin climbed past $81,000 during Monday's Asian trading session, while NEAR surged 23% on a wave of swap activity tied to Zcash.

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