Cryptocurrency News

ETFSwap (ETFS) secures $2 million for crypto and ETF expansion in DeFi

The financial landscape in the crypto industry recently shifted towards the tokenization of assets, with several platforms aiming to merge real-world assets with blockchain. While many projects are spearheading the tokenization rally and heating the DeFi sector, ETFSwap (ETFS) stands out with its unique offering of crypto and ETF trading, which has triggered over $2 million in funding raised so far.

ETFSwap (ETFS) reshapes crypto and ETF trading with tokenization for DeFi

ETFSwap is the first platform to introduce the tokenizing of exchange-traded funds (ETFs), which will make the assets more accessible to all in the crypto industry. With this unique offering, ETFSwap (ETFS) is lifting the barricades and creating a secure link between decentralized and traditional finance. Also, the decentralized finance (DeFi) platform is positioning itself as the premier go-to crypto trading platform to invest in all types of ETFs on a single interface.

Since the tokenized ETFs will be a direct on-chain representation of the traditional ETFs, it will make it easy for users to track the progress of these assets before making any investment decisions. ETFSwap will also allow new users to access its platform without needing to fill out Know Your Customer (KYC) forms, which are common on centralized platforms and can be a deterrent to onboarding new users to crypto.

The platform will feature an ETF Filter, a tool that will assist users in sifting through ETFs using specific search parameters. Traders will also benefit from the ETF screener, which will not only allow them to choose the best ETFs to invest in but also educate them on how to classify them accurately. 

As a platform that prioritizes privacy, ETFSwap (ETFS) will leverage the Zero Knowledge Proofs (ZK). This DeFi protocol provides bulletproof user privacy and anonymity during transactions to ensure its users’ privacy. Furthermore, the platform has completed an audit by CyberScope, a leading blockchain security firm, which has given the platform the green light for operations. 

ETFSwap (ETFS) private sale success and presale progress

At the center of the ETFSwap ecosystem is its native token, ETFS, which will enable access to all its features, including trading tokenized ETFs. The token, however, will also serve other purposes, like utility, powering all purchases on the network. Holders gain voting rights, which enable them to participate in the network’s decision-making. The token will also be instrumental in earning passive income through staking rewards on the platform.

As an integral part of its ecosystem, ETFSwap (ETFS) held a private sale event to introduce its native token, ETFS, to large investors. At the end of the private sale, which only lasted a few hours, three angel investors and two institutional investors invested a total of $750,000 into the platform.

ETFSwap allocated the funds to accelerate the launch and expansion of its platform. Furthermore, it intends to partner with other titans in the DeFi sector to advance the decentralized finance sector’s growth after its platform’s launch. Also, ETFSwap (ETFS) has refrained from seeking investment from venture capitalists (VCs) who could place their selfish interests over the platform’s and its users’ needs.

Instead, by democratizing the investment environment, ETFSwap will be able to focus on developing products and utilities that will benefit its users and ecosystem.

The end of the private sale was followed by the start of the public sale, and currently, in stage 1, ETFSwap (ETFS) is offering the token at $0.00854 per coin. An interesting fact is that all participants of stage 1 will automatically profit from their investments when the presale transitions to stage 2 at a higher price of $0.01831. 

This assurance of profits has influenced many to promptly join the presale and acquire this undervalued asset at a rapid pace. But hurry, as over 65 million tokens have already been sold out, and the platform has generated over $500,000 in just days of Stage 1 alone.

According to expert predictions, ETFS is due for a massive surge that will bring its price to the $3 mark, giving all early investors over 200x yield on their investment. Now, at stage 1, you still have the opportunity to increase your chances of making this massive yield on investment if you buy ETFS today and join the ETFSwap ecosystem. 

For more information about the ETFS presale:-

Visit ETFSwap Presale

Join The ETFSwap Community

Disclaimer: This article is sponsored content and is not financial advice. CapitalBay does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

Catherine Duke

Catherine Duke is a news editor and writer at the CapitalBay.News team. She is engaged in general news writing since 2015 and currently writes general news covering all over the US country. In leisure time, she also has a deep interest in Sports Nutrition.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button