Anthony Skaramuchi, founder and managing partner of optional asset management and investment firm Skybridge Capital has supported the modular exchange platform Kinto before its token launch.
Scoramuchi They say He is one of Kinto’s early investors and supporters, his firm supported the platform with an investment of $ 150,000.
“Kinto’s modular exchange opened tremendous possibilities for institutional investors to deploy a capital on-chain and tokens products without the Risk Risk,” Skaramuchi said.
The original token of the project, $ K, launchs on 18 February through a fair auction.
The purpose of Kinto’s modular exchange is to expand the decentralized finance market. According to a press release, it provides a platform that completes both institutional and retail investors amidst rapid growth in real -world asset tokens.
As part of its blockchain and non-custodial smart wallet infrastructure, Kinto uses chain abstraction techniques to allow users to easily and off-chain. Customers can achieve it without the requirement of centralized exchanges.
Kinto’s user base has increased to around 75,000 verified users, while its Defi traction has locked its total value up to $ 62 million.
“Kinto has created an executive product, established a verified user base, and has created stable revenue currents. Token finance represents an important and exciting opportunity, ”said Skaramuchi.
Meanwhile, interest in Kinto has attracted asset integration from many institutional investors. As Crypto.news highlighted, Brevan Howard Digital has deployed $ 20 million in assets on Kinto-a step that reflects the increasing demand for on-chain financial products from the traditional finance sector.
Beyond Skybridge, other venture capital firms supporting the total increase of $ 7 million of the exchange include Parafi, Spartan Group, Moduleur and Robot Ventures.
