The First Bitcoin ETF Provider Invests in De.Fi, a Web3 SuperApp
Dubai, United Arab Emirates, January 22nd, 2024, Chainwire
De.Fi, the largest Web3 Super App whose $DEFI token listing is coming, announced 21Shares as their investor.
21Shares is a market leader offering ETFs for institutional and retail investors. Their recent investment marks a historic milestone for De.Fi, as it will help to get Traditional Finance exposure and adoption for the $DEFI token. This infusion of capital demonstrates confidence from industry leaders in De.Fi. It also underscores the collective commitment within the industry to shape the future of finance together.
ETFs became one of the central narratives of the Q4 2023. Analysts believe that the approval of such products will allow traditional investors to gain access to digital assets, which will be a strong growth driver for the entire industry. According to Bloomberg, the total capitalization of this market could reach $100 billion.
“21Shares and ARK join forces to deliver a compelling digital asset ETF suite. Leveraging on-chain signals and our crypto-native experience, the suite aims to deliver long-term capital appreciation through strategic investments in Bitcoin and Ethereum futures contracts, and the application of blockchain technologies.“ according to 21Shares official statement.
While 21Shares stands out as a noteworthy investor in De.Fi, it’s essential to acknowledge the broad spectrum of support coming from various sources. The De.Fi team is backed by a range of leading Venture Capital firms and prominent investors worldwide including Shima Capital, HOF Capital, and other leading VCs.
“Having followed closely the De.Fi Team for years, I can attest to their transformative impact on the cryptocurrency landscape. Their game-changing Web3 SuperApp & Crypto Antivirus set a new standard for enhancing Crypto Security!”, emphasized John Izaguirre, the Former Director of Binance Chain
Prominent partnerships with zkSync, LayerZero, Hacken, CoinGecko, and Trust Wallet show the dedication of De.Fi to become the ultimate SuperApp that makes Web3 more secure and delivers the best possible user experience.
At present, De.Fi team is gearing up for an upcoming listing campaign, which is set to unfold by the end of January. The team’s dedication to this initiative reflects a commitment to creating a substantial and enduring presence for $DEFI in the market.
About De.Fi
De.Fi stands out as a Web 3 Super App, offering a number of unique and valuable features. This all-in-one platform serves as a portfolio manager dashboard, facilitating tracking of crypto and DeFi positions across a large selection of chains, including non-EVM.
Navigate through the Explore Yields feature to find the best DeFi opportunities effortlessly. The Crypto Antivirus, an innovative security system embedded in the dashboard, diligently alerts users to risky tokens and smart contracts.
De.Fi SocialFi is gamifying the onboarding process of users into Web3, allowing them to create profiles, amass followers, build communities, earn points, and unlock rewards.