Today, the cryptocurrency market occupies an equal place in importance along with traditional finance. And despite the attempts of governments to control the industry, we can still confidently say the cryptocurrency market is independent. But at the same time, banking services are also not available to the owners of digital assets. Thus, the crypto community has created DeFi – its own alternative to financial services.
DeFi is a range of financial instruments implemented in the form of various services and applications and based on the Blockchain. And the decentralization is their main difference from the traditional banking sector.
Along with the growing popularity of cryptocurrencies, the relevance of the DeFi market has also grown. That became especially visibly last year, when the amount of funds in the DeFi sector raised up to a record $245.22 billion.
And according to predictions, this is only 1% of the market potential, which in the long term can grow even more than 100 times.
That’s why we wanted to tell you about the FINZ Platform by Singapore-based FINZ CAPITAL PTE. LTD company.
FINZ is a comprehensive FinTech Platform. It’s a prime brokerage designed to cater to the needs of DeFi applications and users.
FINZ allows users to:
- Earn yield on their lent out funds.
- Borrow assets from a pool and pay interest to the pool.
- Trade directly out of the pool which enables collective action and efficient capital usage.
- Access more complex products using their pool’s assets as collateral.
But what is the FINZ ecosystem made of?
Firstly, the platform is based on FINZ Protocol, issued by FINZ CAPITAL PTE. LTD.
FINZ Protocol is a pool-based financial infrastructure that will democratize borrow-lending and make it more efficient for all participants.
Secondly, Affiliate FINZ Program gives any investor an opportunity to share the experience with friends and have an additional income from their own investment.
Third, the FINZ Token. It’s a core of the whole ecosystem and that the token gives users the opportunity to be a part of FINZ vision to bridge the gap between traditional finance and the new monetary world powered by Blockchain and cryptocurrencies.
FINZ CAPITAL PTE. LTD, headed by their CEO Mason Brown, announced the launch of the FINZ utility token presale for the amount of $2,500,000.
So, FINZ CAPITAL PTE. LTD created a unique prime brokerage company in the Blockchain and DeFi field. Whether to become a part of it and share the FINZ vision with them is a personal decision for everyone.