Duplicate Finance Raises Seed Funding to Build Out Synthetic Assets Trading Platform

Berlin, Germany, 1st May 2021, ZEXPRWIRE, Duplicate Finance announced that they have raised $250k in the seed round from their close partners and advisors.

Speaking on the latest developments, Duplicate Finance CEO and Founder Lukas Heimer said:

“We are very grateful at the level of interest our team has gotten during the seed round and we are working tirelessly to exceed the expectations from our community & investors.”

Duplicate Finance was founded in late 2020 and it is committed to become the biggest synthetic asset trading platform. Unlike other synthetic asset trading platforms, Duplicate is the first ever trading platform that plans to launch leveraged equity synthetic assets in Q3 2021, essentially making it possible to trade FAANG stocks, $TSLA, $GME with a leverage of 3 to 5x – simply by using your Metamask wallet.

Duplicate Protocol will be a fully decentralized platform governed by the community using the DAO mechanism. 40% of the token supply will be used for community incentives.

The Duplicate Protocol economic model is seeking a balance between protecting the interests of all participants and the development of the ecosystem.

Duplicate Finance is currently conducting the private sale fundraising and the team is on ongoing talks with multiple leading blockchain VC funds.

The project has been under development since late 2020 and according to CEO Lukas Heimer, DUPL token will start trading in Uniswap in the first week of June.

Media Contact:
Stefanie Heiss
[email protected]
Website: https://duplicate.finance
Telegram Group: https://t.me/DuplicateFinance
Twitter: https://twitter.com/DuplicateDeFi
Blog: https://duplicatefinance.medium.com

The post Duplicate Finance Raises Seed Funding to Build Out Synthetic Assets Trading Platform appeared first on Zex PR Wire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

News

Golden Opportunity for Passive Cryptocurrency Income with AreHash Cloud Mining

Most people recover their investment in AreHash within 3-10 days. United Kingdom, 16th Apr 2023 – In this AreHash review, you will learn about the...

BowTiedOpossum Is Assisting Entrepreneurs In Growing Their Businesses And Reaching Their Full Potential

BowTiedOpossum is providing advice and tips through Twitter, email newsletters, and blog posts on their website, to new businesses that are trying to flourish...

Corps Capital Advisors expand services to include online and offline service delivery.

Dallas, Texas, 7th September 2022, ZEXPRWIRE, Corps Capital Advisors, a Dallas-based company that provides financial and investment consulting services, has announced that they will...

Handcrafted Learning Celebrates Its Anniversary as a Certified Minority- and Woman-owned Business

Los Angeles, California, 22nd October 2022, ZEXPRWIRE, Handcrafted Learning, a learning and development company that serves Fortune 500 clients, has been minority- and woman-owned...

The Whaley Center Announces A Sale For Back To School

Fayetteville, NC, 10th August 2022, ZEXPRWIRE, The Whaley Center, a shopping center of retail resale stores, announces a back-to-school sale for school items available...

DFP: Decentralized financial platform

In 2008, the subprime mortgage crisis broke out, triggering a global economic crisis. The storm appeared early in the US subprime housing credit market, where...

Don Gramur Delivers Message-Heavy Hip-Hop Single

Monroe, Louisiana, 29th September 2020, ZEXPRWIRE, Don Gramur releases his latest captivating single “Shoulder Deep.” The hip-hop release contains every element to get...