As a pioneer startup for ERC 3475, Debond Protocol introduces the industry leader behind the vision of building a Web3 infrastructure for decentralized fixed income.
Paris, France – March 1, 2022 – Prior to the first DEX Offering (IDO) scheduled for June, the Debond Protocol project, which aims to bring traditional fixed income into the blockchain space using the pioneering ERC 3475 token standard, announces an advisor today. did.
This list includes industry leaders such as Ivan Miskovic, an investment expert at TGE Capital, a founder-led global VC company dedicated to Web3. Sita Shopra of CVV CAG, a Swiss incubator and early venture capital investor. Karl-Martin Ahrend, Blackstone Group’s Private Equity. Abdelmounaim Derraz is an Applied Mathematics Engineer with expertise in strategic / central decision-making processes and investment in promising projects.
Another is Stephane Marrache from Coinhouse, a leading French provider of cryptocurrency brokerage and custodian services. Veteran engineer and analyst Abdullah Jadoon. Alexis Sheikh, a private wealth and asset manager specializing in finance, hedge funds, private equity, startups and sales. Jason Hung, co-founder of the International Consensus Association. Rashid Serdin, cryptographer, angel investor, scholar. Erfan Isaac, a blockchain / fintech consultant and angel investor.
The advisor’s referral is backed by the success of a seed funding round that raised $ 500,000 with the participation of prominent investors and raised the Debond Protocol’s valuation to $ 12.5 million. Other participants in the first round of funding, led by Bixin Ventures, include Spark Digital Capital, Collinstar Capital, Exnetwork Capital, HOT DAO (Hotlabs), Waterdrip Capital, Lotus Capital, Crypto Dorm Fund and Wave Capital. increase.
Decentralized finance (DeFi) is still in the early stages of development and has room for mass adoption and acceptance. Still, the next era of Web 3 boasts a promising future for creativity and collaboration. The ERC 3475 token standard seeks to establish an alternative financial ecosystem to support the secondary markets of virtually new fixed income and derivatives with DeFi, as there is no competent infrastructure to handle such complex data structures. is. The advisor reviews Debond Protocol’s approach to providing decentralization. Bonds.
Yohji S, co-founder of the Debond Protocol. States as follows.
“Our new ERC3475 token standard aims to address some issues in the traditional derivatives and fixed income markets. We will make these issues more transparent, accessible to individual investors and of fixed income. Reduce the number of intermediaries in the current process of issuance and trading, making the process faster and cheaper .. Debond Protocol pioneering a shift that facilitates the trading of decentralized bonds by leveraging the strengths of decentralized ledger technology. Thanks to the advisor’s decision to provide their knowledge to move the idea. Their support couldn’t have come at a better time than this, especially with the upgrade of the current yield farming system, the DeFi system. Debond has the potential to become an important player in this market decentralization, as we expect to bring more change, potential and followers. To improve their vision of the Debond Protocol. I rely on my opinion. “
An alpha demo of how users can convert their digital assets to securities or derivatives for trading and hedging is available on Github – https://palexs.github.io/debondfront (connect your wallet to the Ropsten testnet). please).
About the debond protocol
The Debond Protocol is a Web3 infrastructure that pioneers the ERC3475 token standard for decentralized fixed income. Apart from the token standard, this project is also an open-ended platform by design. It acts as a diversified investment bank by issuing bonds to clients and providing customized derivatives to hedge risks. Paris-based start-ups also offer Debond wallets, decentralized bond exchanges, and open and functional markets for securities as part of their ecosystem.
Media contacts
Company Name: Peeling protocol
contact person: Media / PR Manager
Email: I send an email
phone: +33626570614
Country: France
Website: https://debond.net/
