SmartDeFi: The Robinhood of Crypto -- Raises $1m Pre-Seed Bringing DeFi to the Masses jcnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jcnnewswire.com Daily Mail and Mail on Sunday newspapers.
SmartDeFi “The Robinhood of Crypto” Raises $1M
SmartDeFi is a non-custodial investment app targeting traditional investors who want to make their first DeFi investments, but don’t understand the risks involved or how to take the first steps.
The iOS app enables users to instantly enter risk-adjusted DeFi products using their bank account, credit card, or Apple Pay directly from their mobile device.
SmartDeFi was founded in 2020 by CEO Kieran Daniels and CTO Dziugas Butkus who believe the reason traditional investors haven’t entered new and lucrative DeFi markets, is the absence of an easy to understand and transparent risk assessment layer. To solve this problem, the San Francisco based company has secured $1 million in pre-seed funding led by Future Fund, Centrality AI, GenBlock and Arcuate Capital.