MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

DeFi-based Wallet Ambire Raises $2.5M in Funding Round

December 2, 2021
in Crypto News
Reading Time: 2 mins read
A A
DeFi-based Wallet Ambire Raises $2.5M in Funding Round
ShareShareShareShareShare
  • Ambire wallet raises $2.5 million in funding round.
  • LAUNCHHub Ventures led the funding event.
  • The company will use the fund to market the Ambire wallet for mainstream adoption.

Ambire — a DeFi-based crypto wallet has raised a whopping $2.5 million in a funding round program. The funding event was led by LAUNCHHub Ventures.

The company welcomed a fleet of live investments from major investment companies including Ascensive Assets, Metacartel Ventures, and Zee Prime. Bitcoin.com CEO Danish Chaudhry also participated specifically as an angel investor.

According to the announcement, the Ambire team will use the fund to refine and market the Ambire wallet at a deep glance. The company believes that doing this will wipe away all the inequalities that the crypto market has long cried for. Alongside this, they will use a big part of the money to expand the Ambire wallet team, incentivize platform integrations and also provide liquidity for their native token in DEXs platforms.

Ambire CEO,  Ivo Georgiev said,

This endorsement of Ambire Wallet is incredibly gratifying for our talented development team, who have worked tirelessly on a wallet that brings defi exposure to the masses.

Right after what Ambire’s Georgiev said regarding how they are fully prepared to bring more blockchain-based innovations to the masses, additionally, LAUNCHHub Ventures’s founding partner Todor Breshkov also commented,

While there are a great many cryptocurrency wallets in the defi landscape, Ambire’s latest product has huge promise, appealing to both newcomers and DeFi veterans. Having already brought several impactful products to market, the Ambire team has our full faith and confidence.

To take a glimpse of its vast usability, the Ambire wallet allows users to invest in multiple DeFi protocols with a single click. This option makes Ambire appeal more innovative and friendly to beginners and advanced crypto users. On top of this, the wallet reduces gas fees on every transaction, according to the report.

With more strides on its features, users can even bypass the Ambire wallet KYC levels and register directly with email and password without facing challenges. The wallet uses batched transactions, trading optimizations, and Flashbots that are all available on the desktop. The team is also working to customize the wallet on portable mobile devices soon.

The Ambire decentralized autonomous organization (DAO) controls the DeFi-centric wallet. “The first governance token for a defi-focused wallet, $WALLET confers voting rights over changes to the proposal and the implementation of new protocols.”

Credit: Source link

ShareSendTweetPinShare
Previous Post

Non-Fungible Tokens and FX/CFD Brokers. An Opportunity Not to Be Missed?

Next Post

Crypto, SIM Card Scammer Garrett Endicott Imprisoned in US, Hefty Fine Imposed

Next Post
Crypto, SIM Card Scammer Garrett Endicott Imprisoned in US, Hefty Fine Imposed

Crypto, SIM Card Scammer Garrett Endicott Imprisoned in US, Hefty Fine Imposed

Leave a Reply Cancel reply

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

Weekly Updates

BitiCodes Review – Scam or Legit Crypto Software?

BitiCodes Review – Scam or Legit Crypto Software?

January 31, 2023
FTX Opts for Capital Raise as Alameda Research Winds Down on Trading

ASIC Had FTX Under Surveillance Before Collapse

January 30, 2023
U.S. District Court Hears Sam Bankman-Fried

U.S. District Court Hears Sam Bankman-Fried

January 29, 2023
Community mocks Charlie Munger for his obsession with China’s Bitcoin ban

Community mocks Charlie Munger for his obsession with China’s Bitcoin ban

February 2, 2023
How Chiliz NFT collection launch may offer therapy for CHZ investors

How Chiliz NFT collection launch may offer therapy for CHZ investors

January 30, 2023
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • TZERO Shut Down Crypto Exchange
  • FBI seizes $100,000 in cryptocurrency and NFTs
  • Price Prediction: By February 9, 2023, Zilliqa (ZIL) Value Will Increase to $0.045938

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 23,274.00 0.71%
  • ethereumEthereum (ETH) $ 1,662.29 0.08%
  • tetherTether (USDT) $ 0.999467 0.13%
  • bnbBNB (BNB) $ 329.57 1.06%
  • usd-coinUSD Coin (USDC) $ 0.999562 0.12%
  • xrpXRP (XRP) $ 0.409697 0.58%
  • binance-usdBinance USD (BUSD) $ 0.999758 0.05%
  • cardanoCardano (ADA) $ 0.395862 1.66%
  • dogecoinDogecoin (DOGE) $ 0.094821 0.14%
  • matic-networkPolygon (MATIC) $ 1.25 0.69%
  • okbOKB (OKB) $ 40.48 1.71%
  • solanaSolana (SOL) $ 24.20 1.93%
  • shiba-inuShiba Inu (SHIB) $ 0.000014 1.3%
  • staked-etherLido Staked Ether (STETH) $ 1,658.34 0.06%
  • polkadotPolkadot (DOT) $ 6.80 2.72%
  • litecoinLitecoin (LTC) $ 97.89 2.69%
  • avalanche-2Avalanche (AVAX) $ 20.86 2.19%
  • tronTRON (TRX) $ 0.063986 0.26%
  • uniswapUniswap (UNI) $ 7.17 1.19%
  • daiDai (DAI) $ 1.00 0.05%
  • cosmosCosmos Hub (ATOM) $ 14.54 2.89%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 23,276.00 0.85%
  • chainlinkChainlink (LINK) $ 7.18 1.26%
  • the-open-networkToncoin (TON) $ 2.32 2.07%
  • ethereum-classicEthereum Classic (ETC) $ 23.68 0.53%
  • leo-tokenLEO Token (LEO) $ 3.43 1.37%
  • moneroMonero (XMR) $ 170.72 0.5%
  • aptosAptos (APT) $ 16.81 0.33%
  • bitcoin-cashBitcoin Cash (BCH) $ 137.27 0.49%
  • stellarStellar (XLM) $ 0.092743 0.52%
  • apecoinApeCoin (APE) $ 5.86 1.83%
  • nearNEAR Protocol (NEAR) $ 2.50 0.28%
  • crypto-com-chainCronos (CRO) $ 0.082859 0.46%
  • filecoinFilecoin (FIL) $ 5.45 3.63%
  • quant-networkQuant (QNT) $ 140.96 2.68%
  • algorandAlgorand (ALGO) $ 0.264297 3.03%
  • hedera-hashgraphHedera (HBAR) $ 0.072763 0.78%
  • lido-daoLido DAO (LDO) $ 2.19 6.82%
  • vechainVeChain (VET) $ 0.024722 0.65%
  • fantomFantom (FTM) $ 0.609878 2.31%
  • internet-computerInternet Computer (ICP) $ 5.77 1.74%
  • decentralandDecentraland (MANA) $ 0.775193 1.52%
  • the-sandboxThe Sandbox (SAND) $ 0.767431 0.05%
  • axie-infinityAxie Infinity (AXS) $ 11.29 1.33%
  • aaveAave (AAVE) $ 88.50 3.22%
  • eosEOS (EOS) $ 1.10 0.03%
  • flowFlow (FLOW) $ 1.14 4.18%
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000193 2.04%
  • elrond-erd-2MultiversX (EGLD) $ 45.99 0.09%
  • theta-tokenTheta Network (THETA) $ 1.11 0.63%