VETA Finance

VETA Finance is an on-chain financial platform specializing in margin trading of structured products for digital assets. Founded in 2022 by Daniel, the company operates in the decentralized finance (DeFi) sector, enabling investors to navigate the volatile cryptocurrency market by transforming the 'volatility bonus' of digital assets into more accessible financial products.

The platform's core offering is a Margin System for 'exotic options,' which allows investors to purchase structured products by collateralizing mainstream digital assets like Bitcoin (BTC) and Ethereum (ETH). This model enables users to potentially earn returns from both their pledged collateral and the structured products simultaneously, while retaining ownership of their original assets. VETA Finance provides a range of products with varying risk-return profiles, including Snowball, FCNs, Shark Fins, and Dual Currency instruments. The company emphasizes security and capital efficiency through features like an OTC Request for Quotation System, Automated Dynamic Hedging, and direct quotes from multiple trading desks without intermediary fees.

The business model does not charge fees to investors using the platform; instead, it levies a 1.25% brokerage fee on product suppliers based on the value of aggregation. In January 2024, VETA Finance secured US$2.85 million in a seed funding round led by Matrixport Ventures, with participation from imToken Ventures, WT Capital, Future Money Group, and 280 Capital. This capital is intended to optimize the platform's product supply, enhance its IT infrastructure, and drive business growth.

Keywords: on-chain finance, structured products, margin trading, decentralized finance, DeFi, digital assets, exotic options, cryptocurrency derivatives, Snowball, crypto yield, asset collateralization, blockchain finance, financial software, automated dynamic hedging, crypto structured products, digital asset trading, volatility bonus, FCNs, Shark Fins, Dual Currency