Project Description
RENKIN is a crypto asset lending service that enables users to lend their digital assets and earn returns based on agreed lending terms.
The platform was developed to help crypto holders put otherwise idle assets to work while providing a reliable and easy-to-use lending experience.
Supporting major crypto assets and stablecoins, the system integrates secure digital asset management and identity verification services to enable users to complete the lending process smoothly and transparently.
Relipa was responsible for the end-to-end development of the platform, including frontend and backend development, wallet integration, third-party service integration, and the implementation of key operational features.
Project Information
- Client Name: MIRAI Wealth Management
- Service: FinTech / Web3
- Platform: Crypto Asset Lending Platform Development
- Year: 2025
Results and Benefits
RENKIN provides a secure and streamlined platform for crypto asset lending, supporting major digital assets including BTC, SOL, ETH, and stablecoins such as USDT and USDC on the Ethereum network. Through an integrated system with digital asset management and identity verification, users can complete the lending process smoothly and reliably. Automated asset transfers have significantly reduced manual operational workload and the risk of human error, while transaction and system logs improve traceability and support more efficient audit processes. Beyond development, Relipa’s proactive technical proposals helped the client identify potential issues and implement solutions that better support real-world business operations.
Client Request
The client aimed to develop a secure and reliable platform for a crypto asset lending service.
The service allows users to lend their crypto assets and earn returns based on agreed lending terms. The platform needed to provide a smooth experience throughout the entire lending process while ensuring secure asset management and transparent transaction handling.
As the service deals directly with crypto assets, building user trust was a key requirement. The client therefore needed a technology partner with experience in Web3 development, wallet integration, and the development of secure systems.
The key requirements included:
- Developing an end-to-end crypto asset lending platform
- Supporting the lending of multiple crypto assets
- Integrating a secure wallet infrastructure for digital asset management
- Implementing KYC for user identity verification
- Providing a smooth and reliable lending process
- Recording transaction and operational logs to improve traceability
- Reducing manual operational processes and potential human errors
Development Process
STEP 1
Requirement Analysis
We worked closely with the client to understand the lending business model, operational workflows, and functional requirements. As the project involved crypto assets and wallet infrastructure, particular attention was given to transaction flows, asset management, and potential operational risks.
STEP 2
Solution Design
Based on the requirements, the team designed the overall system architecture and selected suitable third-party services for digital asset management and user identity verification. Throughout this process, Relipa did not simply implement the specifications as provided. The team also reviewed potential issues and proposed alternative solutions where appropriate.
STEP 3
Implementation
Relipa handled the end-to-end development of the platform, including frontend and backend development, wallet integration, KYC integration, and other core lending features.
STEP 4
UAT and Feedback
The system was tested together with the client through the User Acceptance Testing process. Feedback and additional requirements were reviewed and addressed to ensure that the platform aligned with both business and operational needs.
STEP 5
Production Release
After completing the required testing and improvements, the platform was released for production use. The system has continued to evolve based on the client's operational needs and future business plans.
Tech Stacks we use
NestJS
NextJS
Solutions
[1]
Secure Digital Asset Management with BitGo
The platform integrates BitGo to manage digital asset flows involved in the lending service.
The integration supports on-chain transactions and enables transaction records to be tracked through transaction hashes, improving the traceability and transparency of asset movements.
[2]
KYC Integration for Identity Verification
Before participating in the lending service, users complete identity verification through the ProTechID integration.
This helps establish a trusted onboarding process and ensures that users are verified before entering the lending flow.
[3]
Operational Logging and Traceability
The system records important logs within the administration environment.
In addition to system records, project discussions and operational information can be tracked and reviewed, making it easier for the client to maintain visibility over important activities and respond to audit-related requirements.
[4]
Automated Asset Transfer for More Efficient Operations
One of the major operational challenges was the manual transfer of assets.
Previously, transfers required multiple people to check and verify each transaction to reduce the risk of human errors, such as transferring assets to the wrong destination. This process created a significant operational burden and delayed service operations.
To solve this challenge, Relipa developed an automated transfer function that enables assets to be transferred from the BitGo wallet to an external partner wallet based on the required operational schedule.
By automating this workflow, the client reduced manual workload, minimized potential human errors, and improved the efficiency of daily operations.
Gallery
Product Features
Crypto Asset Lending
Users can lend their supported crypto assets through the platform and earn returns based on the agreed lending terms.
The platform supports multiple digital assets, including major cryptocurrencies and stablecoins.
Individual and Corporate Accounts
The platform supports both individual and corporate users, enabling different types of customers to participate in the lending service.
Corporate account functionality was added as part of the platform's continued development.
Flexible Asset Withdrawal
Users can withdraw their assets after the initial lending period, based on the service's lending conditions.
This gives users greater flexibility in managing their digital assets.
Automated Operational Transfers
The system automates transfers required for the client's daily operations, reducing the need for manual processing and multiple levels of verification.
Scheduled transfers can be processed automatically, making daily operations faster and more efficient.
Affiliate Functionality
The platform also includes an MVP affiliate feature.
Users can invite new users through an invitation code. When an invited user registers and participates in lending, the inviter can become eligible to receive a commission based on the service's conditions.
Future Interest Rate Incentives
The platform is designed to support future incentive mechanisms, such as preferential returns based on factors including lending duration and lending volume.
This gives the client greater flexibility to expand its service model as the platform continues to evolve.
A Partner Invested in Your Long-Term Success
