
SmartDeFi
SmartDeFi: The Smart Way to Enter DeFi Markets.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
$1.0m | Seed | ||
Total Funding | 000k |
Related Content
Streams, which also operates under the name SmartDeFi, is a financial technology company founded in 2020. The firm is headquartered in San Diego, CA and maintains a private, venture-backed status. Its core offering is a mobile investment application designed to assist traditional investors in navigating the world of decentralized finance (DeFi). The platform aims to protect these investors from inflation by enabling them to earn passive income on their digital assets.
The company's application provides a simplified, non-custodial solution for individuals who are new to DeFi and may not fully comprehend the associated risks or initial steps. It allows users to understand and scale their portfolios in decentralized investments and digital currencies. Streams secured $1 million in a Seed round in June 2021, with total funding amounting to $1.35 million from 21 investors, including Arcuate Capital, Centrality, and CitizenX. The company participated in an accelerator/incubator program in November 2020.
The platform operates within the financial software, FinTech, and cryptocurrency/blockchain sectors. It provides a pathway for users to engage with DeFi markets. The company's business model centers on providing this accessible investment tool, though specific revenue generation streams are not publicly detailed. The application itself is the primary product, secured by Ethereum, and focuses on user-friendliness to lower the barrier to entry for investing in digital assets.
Keywords: decentralized finance, DeFi investing, passive income, digital assets, cryptocurrency investment, financial technology, mobile investment app, inflation protection, non-custodial wallet, Ethereum blockchain, venture capital, seed funding, FinTech, crypto portfolio, traditional investors