Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Friday, November 26 2021 - 00:47
AsiaNet
Next-gen Fintech Platform DeFiato Completes First Round of Private Fundraise
SINGAPORE, Nov. 25, 2021 /PRNewswire-AsiaNet/ --

-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