Infinex
Platform that provides Access onchain protocols, services, and applications with a non-custodial platform featuring secure onchain smart accounts and passkey architecture.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
* | N/A | $67.7m | Late VC |
| Total Funding | 000k | ||
Related Content
Infinex is a non-custodial, cross-chain cryptocurrency platform designed to provide a user experience similar to that of a centralized exchange (CEX) while retaining the self-custody and decentralized nature of decentralized finance (DeFi). The platform allows users to store, swap, send, and receive a multitude of tokens across various EVM and Solana networks.
A core feature is the on-chain recoverable Vault, which enhances security by allowing users to recover their assets using their Apple or Google accounts, a feature not commonly found in non-custodial wallets. This aims to address a significant barrier to entry for users accustomed to traditional financial applications.
Developed by the founder of Synthetix, Infinex integrates with protocols like Synthetix V3 for perpetual contracts trading. The business model appears to be centered on providing a seamless and secure user experience to attract both new and experienced crypto users, potentially generating revenue through fees on specific transactions or value-added services, although the fee structure is not explicitly detailed. The platform targets cryptocurrency traders and users who seek the security and control of a decentralized wallet with the ease of use of a centralized platform.
Keywords: non-custodial wallet, cross-chain, DeFi, CEX user experience, self-custody, perpetuals trading, on-chain recovery, Synthetix, EVM, Solana