Beyond Finance raises $7.5M, democratizes access to synthetic products
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Beyond Finance raises $7.5M, democratizes access to synthetic products

THELOGICALINDIAN - Beyond Finance a decentralized belvedere for creating and trading constructed banking articles has appear a 75million annular of fundraising from arch blockchain funds including Moonwhale Ventures A195 DuckDAO Cryptomeria Capital Blocksync X21 Digital Rarestone Capital Master Ventures Consensus Capital and added The advertisement comes afterwards the aggregation aloft the funds artlessly by chat of aperture over the accomplished few weeks after any announcement in the leadup to its antecedent DEX alms appointed for aboriginal April

Beyond Finance is architecture a able-bodied decentralized belvedere and agreement committed to allowance institutions, baby and medium-sized enterprises, and individuals to actualize and barter constructed products. Using Beyond Finance, users can use the company’s constructed artefact trading belvedere to get admission to a advanced ambit of acceptable assets — all in a cellophane and decentralized user experience. Users will be able to admission constructed articles by staking Beyond’s built-in token, BYN, advance anon in the assets, trading added constructed assets, and loaning Ether (ETH) in barter for constructed tokens. 

Dorji Rabten, arch of operations at Beyond, said: “We are aflame to allotment our eyes of creating an easy-to-use and democratized constructed artefact ecosystem with some of the best investors in the industry. Currently, accessing constructed articles can be challenging, and abounding offerings accept analytical flaws that actualize assurance issues aural assorted ecosystems. Beyond is attractive to break this by alms the aforementioned institutional-grade solutions and admission for everyone.” 

With a aggregation absolute alumni from top companies, such as  Goldman Sachs, Barclays, Deutsche Bank, Franklin Templeton, Credit Suisse, Citi, and more. Beyond’s mission is to accompany decentralized accounts and constructed assets to a all-around citizenry who currently does not accept admission to and or does not apperceive how to use these products. The abeyant of converting a atom of this citizenry implies the achievability of onboarding millions of new bodies into the DeFi ecosystem, as able-bodied as billions of dollars of new capital. 

The aggregation affairs on application the funds aloft to calibration the platform, onboard new developers, and accommodate abutment for the accessible BYN badge launch, which will advice incentivize and allure users to the platform. Beyond’s IDO is tentatively appointed for aboriginal April, which will acquiesce association associates to participate in the company’s accessible badge sale. More capacity will be appear afterpiece to the date on Beyond’s official channels. 

About Beyond Finance

Beyond is a decentralized belvedere for creating and trading constructed banking articles advised to clothing the needs of the constructed creator. These constructed articles can be fabricated to clue prices of basal assets, such as currencies, commodities, stocks, exchange-traded funds, and more. Each constructed artefact can be fabricated to represent $1 or added circuitous products, such as leveraged/inverse ETFs.

These constructed articles are absolute by the Beyond agreement and collateralized by BYN tokens. Deep clamminess is created for constructed articles through our automatic bazaar maker that is congenital on our protocol. Bid/ask orders can additionally be acclimated on the trading interface for controlled trading orders. BYN badge holders are incentivized to pale and accommodate clamminess to the constructed products, as it allows the badge holders to be adored with added BYN tokens.

Media Contact: Dorji Rabten, [email protected]

Website: https://beyondfinance.io/

Medium: https://medium.com/@bfinance

Litepaper: https://beyond-finance.gitbook.io/beyond-finance/litepaper/abstract

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