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DeFiato, a next-generation fintech platform for Decentralized Finance (DeFi), has successfully completed the first round of its private token sale.
Fremont, CA: It is fascinating to watch how the financial industry evolves. Numerous technological breakthroughs in the last decade have influenced our habits, provided us with more opportunities, and propelled fintech to new heights.
DeFiato, a next-generation fintech platform for Decentralized Finance (DeFi), has successfully completed the first round of its private token sale. DAO Maker, Mirana Ventures, CRC Capital, Double Peak Group, Dweb3 Capital, and 7 O'Clock Capital are among the investors. The high level of interest and participation reflects the high demand for secure, centralized exchange graded platforms with fiat on-ramps.
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Many decentralized platforms have various technical barriers in on-chain farming, staking, and trading, while off-chain activities face fiat restrictions, liquidity issues, and a lack of a central multichain to support crypto assets and institutional-grade custodians.
DeFiato eliminates technical barriers and financial risks related to many decentralized platforms today with its proprietary technology, such as One-Click-To-Farm, combined with ease of fiat access and exchange-grade security. It offers a user experience similar to that of centralised services, such as guaranteed security, quick settlements, ease of use, and customer service support.
Since its launch in December 2020, DeFiato has onboarded over 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's aggregated, centralized system provides users with access to hundreds of DeFi services. Users can also deposit, withdraw, swap, stake, and even farm cryptocurrencies with a single click.
The platform currently supports Ethereum (ETH), Binance Smart Chain (BSC), Polygon (MATIC), and Avalanche (AVAX), with Solana (SOL) expected to be added soon. DeFiato has established itself as a leading cross-chain aggregator due to its support for multiple blockchains and products.
DeFiato plans to launch its native utility token and mobile app by the end of 2021. This token will primarily be used to pay platform charges, and token holders can expect significant cost savings. The platform will also accept five more blockchains and roll out a slew of new features.
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