Business Fintech Investment Services News

KIRA Announces New Investors, Partners, and Launch of Public Liquidity Auction

KIRA Announces New Investors, Partners, and Launch of Public Liquidity Auction

KIRA, a decentralized finance technology company, has announced several new investors who participated in KIRA’s Private Sale (which closed in August, 2020), including Digital Finance GroupSNZ Holding, Rarestone Capital and Cabin VC.

Read More: New Study Finds 70% of Consumers Would Leave Their Bank For One That Properly Identifies Themselves When Calling

Over the last few months, KIRA also welcomed several strategic partners, including Math Wallet, Orion, Mantra DAO, BlockParty and Swingby. KIRA will enable these partners to stake any asset type, where tokens and their staking derivatives can be both staked and traded at the same time.

On November 25, 2020, KIRA will be launching a Public Liquidity Auction, which will make KEX tokens available to qualified contributors. The ERC20 smart contracts for the auction were audited by Quantstamp and Certik. Reports and signed contract addresses can be found in KIRA’s GitHub repository.

KIRA’s Co-Founder and CEO Milana Valmont states, “The KIRA community is now over 12,000 people globally who believe in what we are building and are enthusiastic to get more involved. Our upcoming Public Liquidity Auction which will mark the first official offering of KEX tokens to our community prior to our upcoming public test-net, both of which being important steps in our roadmap leading into 2021.”

Read More: Syncapay Acquires Subsidiary of Wirecard AG

KIRA Network is the first decentralized solution to secure and power DeFi applications with the liquidity of assets at stake. KIRA’s novel consensus — Multi-Bonded Proof of Stake (MBPoS) enables token holders to generate revenues from staking any digital asset — cryptocurrencies, stablecoins, digital fiat, or even NFT’s while maintaining full liquidity via natively supported liquid staking.

KIRA Interchain Exchange Protocol, deployed on top of the KIRA Network is going to be the very first DeFi application propelled by the liquidity of assets at stake. Thanks to IXP, users will be able to trade and stake their assets at the same time.

Read More: Solovis Launches New Risk Analytics Platform Designed for Asset Owners and Allocators

 

Related posts

Stellar Development Foundation Invests $5 Million in Wyre

Fintech News Desk

Private Advisor Group Introduces WealthSuite Investment Platform for Advisors

Fintech News Desk

Zoe Financial Selects BridgeFT’s WealthTech API to Power Its Data Connectivity and Infrastructure

PR Newswire
1