Today News Journal
    What's Hot

    DOJ sues Norfolk Southern over toxic train derailment in Ohio

    March 31, 2023

    Social Security funding crisis will arrive in 2033, U.S. projects

    March 31, 2023

    Richard Branson’s Virgin Orbit to lay off 85 percent of staff

    March 31, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    Today News Journal
    Contact Us
    • Home
    • Trending
    • Business
    • Health
    • Technology
      • Automobile
      • Gadgets
      • Mobiles
      • Robotics
    • Lifestyle
      • Culture
    • Sports
    • Travel
    • Editorials
    • News
      • Politics
    Today News Journal
    Home » Business » Next-Gen Fintech Platform Defiato Completes First Round Of Private Fundraise
    Business

    Next-Gen Fintech Platform Defiato Completes First Round Of Private Fundraise

    Nick WilsionBy Nick WilsionNovember 25, 2021Updated:November 26, 2021No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Strong investor interest and participation from prominent Decentralised Finance-focused funds such as DAO Maker and Mirana Ventures
    Surpassed 80,000 international users within 6 months

    DeFiato, a next-generation fintech platform for Decentralised Finance (DeFi), successfully completed the first round of its private token sale. Participating investors include leading DeFi-focused funds DAO Maker, Mirana Ventures (a venture partner of Bybit and BitDAO), CRC Capital, Double Peak Group, Dweb3 Capital and 7 O’Clock Capital. The strong interest and participation reflects a high demand for secure, centralised exchange graded platforms with fiat on-ramp.

    Many decentralised platforms present various technical barriers in on-chain farming, staking and trading, while off-chain activities face liquidity issues, fiat restrictions and the lack of a central multichain to support crypto assets and institutional-grade custodians.

    With its proprietary technology, such as One-Click-To-Farm, combined with ease of fiat access and exchange-grade security, DeFiato eliminates technical barriers and financial risks associated with many decentralised platforms today. It provides a user experience similar to centralised services, such as assured security, quick settlements, ease-of-use and customer service support.

    Since its launch in December 2020, DeFiato has onboarded more than 80,000 international users on its platform.

    With the success of our first private token sale round, we strive to accelerate business development and drive user growth,” says Dr William H. Nguyen, CEO and Founder of DeFiato.

    DeFiato aims to actively develop real-world solutions that will pave the way forward for the entire DeFi industry. The quick uptake on DeFiato has reemphasised the importance and demand for our platform.

    DeFiato enables users to gain access to hundreds of DeFi services on its aggregated, centralised system. Users can also safely and easily deposit, withdraw, swap, stake and even farm cryptocurrencies with just one click.

    The platform currently supports Ethereum (ETH), Binance Smart Chain (BSC), Polygon (MATIC) and Avalanche (AVAX), with Solana (SOL) soon to be onboarded. As DeFiato supports multiple blockchains and products, it has become a leading cross-chain aggregator.

    By the end of 2021, DeFiato will be launching its native utility token and mobile app. This token will be used primarily for payment of fees within the platform, and users of the token can expect significant cost savings. The platform will also onboard five more blockchains and release multiple new features.

    About DeFiato

    DeFiato is the next-gen mainstream Fintech platform for Decentralised Finance (DeFi) that eliminates technical barriers and financial risks associated with many decentralised platforms. It provides a user experience similar to centralised services, such as assured security, quick settlements, ease-of-use and customer service support.

    The platform enables on-chain liquidity through various pools, across different chains. It also offers fiat on-ramp via Prime Trust and will also support peer-to-peer (P2P) transactions.

    For more information, visit www.defiato.com.

    SOURCE:  DeFiato

    Related posts:

    1. FORTUNE Releases Annual Fortune Global 500 List
    2. Five New Distinctions For Global Broker Of Choice Hotforex
    3. New Online Trading Brand Beneffx.com Launched in Asia
    4. Stylus Media Press Release for Walid Giahmi hl2Defendant welcomes dismissal of case over Libyan Investment Authority Gaddafi-era investments
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticlePace raises USD40 million Series A funding from Pan-Asian group of investors from Singapore, Japan, Korea, China Taiwan and Indonesia
    Next Article Pragma Appoints Former Standard Chartered Head of Client Tax Information Compliance, Michael Brevetta as Head of Regulatory Compliance
    Nick Wilsion
    • Website

    Related Posts

    The Future Of Paper Bags: Trends And Innovations

    February 20, 2023

    The Social Benefits of Cycle Stands

    February 18, 2023

    Is Loughton A Good Choice For Raising A Family?

    January 31, 2023

    A Brief Introduction To Local SEO Citation

    April 28, 2022

    Leave A Reply Cancel Reply

    Search
    Categories
    • Automobile
    • Business
    • Coronavirus
    • Culture
    • Editorials
    • Finance
    • Gadgets
    • Health
    • Lifestyle
    • Mobiles
    • Money
    • News
    • Politics
    • Sports
    • Technology
    • Travel
    • Trending
    • World
    Latest Posts

    DOJ sues Norfolk Southern over toxic train derailment in Ohio

    March 31, 2023

    Social Security funding crisis will arrive in 2033, U.S. projects

    March 31, 2023

    Richard Branson’s Virgin Orbit to lay off 85 percent of staff

    March 31, 2023

    Yorkshire racism allegations: Vaughan cleared, three charges against Hoggard considered proven – live | Yorkshire

    March 31, 2023
    • Facebook
    • Twitter
    Don't Miss
    News

    DOJ sues Norfolk Southern over toxic train derailment in Ohio

    By James MartinMarch 31, 20230

    Comment on this storyCommentThe Justice Department filed a major civil suit Friday against Norfolk Southern…

    Social Security funding crisis will arrive in 2033, U.S. projects

    March 31, 2023

    Richard Branson’s Virgin Orbit to lay off 85 percent of staff

    March 31, 2023

    Yorkshire racism allegations: Vaughan cleared, three charges against Hoggard considered proven – live | Yorkshire

    March 31, 2023
    • Facebook
    • Twitter
    About Us

    Hello friends, I am James Martin. Welcome to my blog todaynewsjournal.com. We are a team of experienced journalists who are passionate about delivering the latest news and current events to our readers. Our editorial team is dedicated to providing the most accurate and up-to-date information possible. We aim to be your go-to source for news and current events. Here on this site, You will get up to date information regarding all important categories like business ideas, health tips,... (Read More)

    Latest News

    DOJ sues Norfolk Southern over toxic train derailment in Ohio

    March 31, 2023

    Social Security funding crisis will arrive in 2033, U.S. projects

    March 31, 2023

    Richard Branson’s Virgin Orbit to lay off 85 percent of staff

    March 31, 2023
    SIGN UP NEWSLETTER

    Join The Conversation sign up to receive emails for The Daily special tips general info.

      Facebook Twitter Instagram Pinterest
      • Home
      • Editorials
      • Get In Touch

      Copyright © 2021-2023 · Today News Journal Privacy Policy

      Type above and press Enter to search. Press Esc to cancel.

      We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
      Cookie SettingsAccept All
      Manage consent

      Privacy Overview

      This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
      Necessary
      Always Enabled
      Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
      CookieDurationDescription
      cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
      cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
      cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
      cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
      cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
      viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
      Functional
      Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
      Performance
      Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
      Analytics
      Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
      Advertisement
      Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
      Others
      Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
      SAVE & ACCEPT

      Sign In or Register

      Welcome Back!

      Login to your account below.

      Lost password?