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Next-Generation Fintech Platform DeFiato Completes First Round of Private Fundraising

Next-Generation Fintech Platform DeFiato Completes First Round of Private Fundraising
  • Strong investor interest and participation from prominent, decentralized finance-focused funds such as DAO Maker and Mirana Ventures
  • More than 80,000 international users within 6 months

DeFiato, a next-generation fintech platform for decentralized finance (DeFi), has 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 great interest and lively participation reflect the high demand for secure, centralized, exchange-tiered platforms with Fiat-Onramp.

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Many decentralized platforms present various technical barriers to on-chain farming, staking and trading, while off-chain activities struggle with liquidity problems, fiat restrictions and the lack of a central multichain to support crypto assets and institutional custodians.

With its proprietary technology like One-Click-To-Farm combined with easy fiat access and marketable security, DeFiato removes technical barriers and financial risks associated with many decentralized platforms today. It offers a user experience similar to that of centralized services such as B. Guaranteed security, fast billing, ease of use and customer service support.

Since the start in December 2020, DeFiato has accepted more than 80,000 international users on its platform.

“With the success of our first private token sales round, we are striving to accelerate business development and drive user growth,” said Dr. William H. Nguyen , CEO and founder of DeFiato.

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“DeFiato has set itself the goal of actively developing practical solutions that will pave the way into the future for the entire DeFi industry . The rapid acceptance of DeFiato has once again underlined the importance and demand for our platform. ”

DeFiato enables users to access hundreds of DeFi services through an aggregated, centralized system. Users can also safely and easily deposit, withdraw, exchange, wager 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) to be added soon. Because DeFiato supports multiple blockchains and products, it has become a leading cross-chain aggregator.

DeFiato will launch its own utility token and a mobile app by the end of 2021. This token will primarily be used to pay fees within the platform and users of the token can expect significant cost savings. The platform will also incorporate five more blockchains and release several new features.

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