๐ Kinto has just secured $20.00M in its latest funding round! ๐
๐นAbout: Kinto is a Layer-2 solution built on the Ethereum network using the Arbitrum Nitro stack, designed to provide safe and insured access to financial services. It is non-custodial, transparent, permissionless, and governed by the community. Kinto offers unique features like KYC, AML, and fraud monitoring at the blockchain level, ensuring that all participants are verified and transactions are secure. The platform uses native account abstraction to allow users to access crypto financial services without needing browser extensions or seed phrases. Kinto aims to bridge the gap between traditional financial institutions and decentralized finance by providing a secure environment for both users and developers. The governance token, $KINTO, is used for on-chain voting and decision-making. Kinto recently launched its public sales and continues to develop its ecosystem to support financial applications and institutions.๐๐
๐น Lead Investors: The spartan Group, ParaFi Capital, Robot Ventures, Kyber Capital, Modular Capital and many more.
๐น Total Raised: $25.00M.
๐น Project Category: Layer-2 chain, Arbitrum Orbit.
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