Cake DeFi
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Cake DeFi - overview
Established
2019
Location
Singapore, -, Singapore
Primary Industry
Financial Services
About
Based in Singapore, and founded in 2019 by Julian Hosp (CEO), and U-Zyn Chua (CTO), Cake Pte Ltd, dba Cake Defi, is a crypto fintech platform, which allows users to earn daily cash flows from their crypto and digital assets. IN Jun 2019, Café DeFi has raised USD 2. 4 million in Seed funding from John Rost and U-Zyn Chua, Howard Fineman, and Julian Hosp. The company offers liquidity mining through mobile applications by enabling trades between two different token pairs that provide annual returns to traders in the form of Swap fees and block rewards from the DeFiChain.
Users can also Stake their coins on the blockchain to ensure their security, which allows them to earn money by Staking their bitcoins. The company also allows users to lend bitcoins and other digital assets and earn interest on them. Users can also receive additional returns if the native coin's price rises. Users can also borrow digital assets that are being lent out on the platform.
Primary Industry
Financial Services
Sub Industries
e-Financial, Software
Website
www.cakedefi.com/
Verticals
Blockchain, FinTech, FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
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