From crypto trading to challenge, the most exciting areas of blockchain fintech development and innovation are attracting serious investment from all corners of the industry. To introduce more complementary tools and services into the ecosystem, recipients of these capital allocations are working to promote greater adoption by removing many existing barriers to participation and taking a more mainstream approach.
Usability and user experience driven projects are leading the charge
Between Atani’s all-in-one trading infrastructure, Enso’s decentralized finance strategy (challenge) sharing platform, Don-Key’s social yield farming initiative, AMM For professionals at MakiSwap Mutual Fund Sheesha Defi, the information platform focused on The Defiant Defi and Consensys’ plenty of cash, take a closer look at the impressive fundraising numbers that continue to grow at as investor demand increases.
Defi wallets arrive just in time
As Challenge Total Value Locked (TVL) figures continue to rise after surpassing $ 50 billion, several companies are trying to help overcome the accessibility dilemma that prevents wider participation. Among them is Sheesha Finance, a United Arab Emirates-based organization that just completed a $ 9.44 million capital increase through its Unique Cash Generation Event (LGE).
Sheesha Finance contributors will receive Liquidity Provision (LP) tokens, which can be staked for the native Sheeshatoken and provide access to valuable Defi projects without requiring direct investment, much like a mutual fund. As a result, investors who wager their LP Tokens will automatically be eligible for pool rewards and rewards in the form of Sheesha Tokens while mitigating the risk of the Defi portfolio and simultaneously maximizing its potential.
All-in-one crypto trading ecosystem closes another cycle
When it comes to solving the fragmented approach to crypto ecosystem services, Atani has stood out with its holistic approach to trading and related activities. After a funding round of $ 6.25 million, bringing his total capital raised to $ 7 million, Atani is working to create a more modern and user-friendly cryptocurrency trading platform that is emblematic of the all-inclusive services offered by online brokers in traditional financial markets.
Through integrations with 20+ exchanges via API keys in its free non-custodian desktop platform, built-in tax reporting features, and tools like portfolio aggregation, advanced order types, and Price alerts, Atani is looking to provide the full suite of financial services for crypto. traders. The latest fundraiser will be dedicated to developing premium features like API trading that work even when a desktop platform is offline.
Defi Traders join forces
Given the ever-changing nature of the challenge opportunities, especially for cash pooling and yield farming, Enso set out to simplify the ecosystem for greater accessibility for traders. The organization is creating a destination for traders to create and find strategies without permission, creating a successful asset management ecosystem. After raising $ 5 million from investors, Enso will direct those funds towards platform and community development, with plans to roll out the mainnet in the second quarter.
This more social approach to navigating the Defi environment will help creators and followers access all kinds of profitable Defi activities in a more streamlined format. Traders can either invest directly in strategies or take advantage of the strategy creator’s token. In addition, traders can create meta-strategies, which effectively combine multiple strategies in a diverse way.
Yield farming becomes more sociable
As he seeks to replicate Etoro’s success in financial markets and cryptocurrency trading, Don-Key is developing his own social approach to yield farming. Following his successful fundraiser, which helped the company attract $ 2.2 million from a consortium of investors, Don-Key intends to break down barriers for farmers to search for capital and liquidity in search of opportunities.
The main problem that the organization is trying to solve is the current degree of stratification that accompanies yield farming. This copy-trading approach will drastically reduce the barriers to entry between risk, high capital requirements and the skills needed to maneuver in this delicate area. In addition, he intends to invite more participation from liquidity providers with much less capital while giving farmers the opportunity to increase their yields.
DEX takes the lead to enrich the professional trading experience
Among the common complaints centered on the blockchain business ecosystem, the high degree of fragmentation and the lack of more sophisticated tools that professionals are accustomed to using are at the top of the list. To answer the second half of the equation, Huobi Eco Chain’s largest decentralized exchange (DEX), Makiswap, is expanding its feature set to meet business needs such as analytics, advanced order types, and creation of more sophisticated graphics.
After closing a $ 1.4 million round of funding from a group of investors, Makiswap intends to bring more feature-rich features to its already popular ecosystem. It is also pursuing increased engagement in yield farming by encouraging greater adoption among its large user community in the Asia-Pacific region.
Develop data and information collection efforts on Defi
Just as Bloomberg has become the preeminent data provider for the traditional financial services industry, The Defiant is actively positioning itself as the go-to information resource. What started as an industry newsletter in 2019 has quickly grown into a true multimedia powerhouse that strives to deliver quality, reliable, objective and independent reports for borrowers, lenders, traders, liquidity providers and yield producers.
The $ 1.4 million pre-seed round raised from a group of investors will allow The Defiant to create a comprehensive information portal that brings reliable data, analysis and research to Defi participants. The funds will be used to build an accessible data platform and native web3 media focused on quality content. Together, these efforts will help newcomers gain a valuable perspective on the ecosystem as experienced professionals apply its expert-level information and analysis.
Financial Giants Increase Exposure to Blockchain Prospects
As institutional adoption of blockchain takes hold, more traditional financial firms are seeing the writing on the wall and taking note of it. Big names like JP Morgan, UBS and Mastercard are voting with their feet after a $ 65 million investment in Consensys, a blockchain infrastructure development company.
Consensys, led by Joseph Lubin, co-founder of Ethereum, is working on building the financial infrastructure for cryptocurrency through its software development arm. Now, with Defi protocols ranked among Ethereum’s most popular applications, Consensys is promoting a rapid merger of decentralized finance with Web3 applications in an enterprise-grade format. Taken together, this activity fits perfectly with the overall mission to accelerate blockchain adoption by consumers and businesses.
Do you think all this money invested in crypto trading will attract the general public? Let us know in the comments section below.
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