DFX Finance is a decentralized foreign exchange (FX) protocol optimized for trading fiat-backed foreign stablecoins, (CADC, EURS, XSGD, etc.). The company aims to provide true financial localization for the customers of global businesses by offering a platform where users can safely earn yield or utilize contracts. Founded in 2020, DFX Finance operates within the Blockchain, Crypto, Defi, Fintech, and Platforms industries. The latest milestone for DFX Finance was a $5.00M Seed Round investment on 24 February 2021, with participation from an impressive lineup of investors including Boost VC, Castle Island Ventures, True Ventures, Alliance DAO, CMS Holdings, Divergence Ventures, FBG Capital, Lemniscap, Polychain Capital, and Hex Capital. The need for a decentralized protocol where users can swap non-USD stablecoins pegged to various foreign currencies is outlined in the company's slogan: "A decentralized forex protocol optimized for trading stablecoins." In a rapidly evolving global finance landscape, DFX Finance is positioning itself as a pivotal player, aiming to revolutionize the use of stablecoins worldwide.
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Blockchain
About DFX Finance
Taxonomy: Decentralized Finance, Forex Trading, Stablecoins, Blockchain Technology, Fintech Innovation, Financial Localization, Global Finance, Ethereum Protocol, Cryptocurrency Exchange, Decentralized Protocols
Services & Products
Target Customers
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Seed Round | •••••• | 10 |
|
24 Feb 2021 |
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