According to Bpaynews, Hats Finance has announced it will shut down its centralized custody front-end and server operations by December 31, 2025. The platform is transitioning to a decentralized model, with the Hats protocol continuing to operate on-chain under a decentralized autonomous organization (DAO). This move reflects a broader industry shift toward decentralized finance (DeFi) and user-controlled asset management. The centralized user interface and server functionalities will be phased out gradually, while the core blockchain operations will remain active.
Hats Finance to Cease Centralized Custody Operations by End of 2025
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