Financial NewsDuplicate Finance Raises Seed Funding to Build Out Synthetic...

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.

Latest news

iHunt4 looking for charities to partner with

Toronto, Canada, 15th June 2021, ZEXPRWIRE –iHunt4, the company that provides treasure hunting software, announced today that it is...

Założenie działalności gospodarczej w Polsce

Polska, Europe, 15th June 2021, ZEXPRWIRE – Przedsiębiorca stojący przed zadaniem jakim jest założenie nowej działalności gospodarczej z reguły...

What factors to be considered before getting a Game Boosting Service?

NY, USA, 15th June 2021, ZEXPRWIRE – Playing games on your computer or a smartphone is a brilliant way...

Viet Bai Xuyen Viet – The Top SEO Agency in Ho Chi Minh City To Win Over

Ho Chi Minh City, Vietnam, 15 June 2021, ZEXPRWIRE, Viet Bai Xuyen Viet is an SEO writing agency that applies...

NFT Marvel Marketplace: The next frontier for Fan of Marvel

Zug, Switzerland, June 15, 2020, ZEXPRWIRE, The NFT Marvel Marketplace brings a NFT marketplace for traders, collectors, and fans...

7th annual media awards gala for global women of distinction on health lectures in chicago – july 2 – 3, 2021

Local business mogul dr. Stacee lang to be honored Chicago, USA, 15th June 2021, ZEXPRWIRE – The Africa USA Today Magazine...

Must read

How you can use cryptocurrency for your benefit in 2021

Using cryptocurrencies A cryptocurrency or online currency is digital money....

Xiaomi and Mercedes-AMG Petronas present limited Formula 1 e-scooters

So far, e-scooters have not really impressed with their...

You might also like
Recommended to you