๐ Kinto has just secured $20.00M in its latest funding round! ๐
๐นAbout: Kinto is a modular exchange platform designed to seamlessly integrate traditional financial services with decentralized finance (DeFi). Built on a Layer-2 solution utilizing the Arbitrum Nitro Stack, Kinto offers users a secure and transparent environment for engaging with diverse financial instruments. A standout feature of Kinto is its mandatory Know Your Customer (KYC) verification, ensuring that all participants are authenticated, thereby mitigating risks associated with anonymous transactions. This user-owned KYC approach allows individuals to maintain control over their personal information, revealing only the minimum necessary data to access specific services.
The platform's architecture ensures high transaction speeds and low fees, making it appealing to both individual users and institutional investors. Kinto's commitment to compliance is further demonstrated by its integration of Anti-Money Laundering (AML) and fraud monitoring mechanisms at the blockchain level.๐๐
๐น Lead Investors: The Spartan group, ParaFi Capital, Robot Ventures, Kyber Capital, Brevan Howard Capital and many more.
๐น Total Raised: $25.00M.
๐น Project Category: Modular Exchange, Layer-2.
๐If You find this useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha ๐ฆ๐๐ป
#Layer2 #DEFฤฐ #DEX #kinto #OP $OP
