**[Wintermute Launches Management Platform Armitage, Officially Enters the DeFi Vault Sector]** BlockBeats News, May 19: Crypto market maker Wintermute has officially launched its new DeFi vault management platform, Armitage. Similar to other vaults of its kind, Armitage allows managers to design vault strategies based on varying risk preferences, enabling participation in diverse decentralized finance (DeFi) lending opportunities. These vaults operate under a non-custodial model, ensuring users retain full control over their funds. Additionally, depositors are not required to undergo KYC (identity verification), the company stated in its announcement. With the success of platforms like Morpho and Kamino Finance, the vault mechanism is becoming an increasingly prominent focus in the crypto institutional space. Asset management firms such as Apollo Global Management and trading platforms like Kraken are also exploring similar strategies. [Original Link]