SmarDex
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SmarDex - overview
Established
2023
Location
-, -, Switzerland
Primary Industry
Financial Services
About
Established in 2023 and based in Switzerland, RA2 TECH SA, trading under the name SmarDex, operates as a platform company that offers decentralized finance services and solutions. In December 2024, SmarDex raised USD 4. 5 million in seed funding. The firm, as of December 2024, is led by Jean Rausis.
SmarDex specializes in decentralized finance (DeFi), providing a suite of products designed to facilitate token swaps, yield generation, and liquidity management. Their core offerings include a token swap platform, which allows users to easily exchange various cryptocurrencies, and a yield-earning mechanism for users to mint and redeem USDN, a stablecoin. Additionally, SmarDex enables users to manage liquidity pools and engage in leveraged long positions on Ethereum. The platform caters primarily to individual investors, traders, and institutional clients interested in DeFi solutions, in North America, Europe, and Asia.
SmarDex generates revenue through transactional fees associated with token swaps and liquidity pool management, as well as potential yield-sharing mechanisms inherent in their USDN minting process. The company plans to utilize the December 2024 funding to support its expansion plans and growth of the business.
Primary Industry
Financial Services
Sub Industries
e-Financial
Website
www.smardex.io
Verticals
Blockchain, FinTech
Company Stage
Angel & Seed
Total Amount Raised
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