Solvo is a new app that makes it easier to invest in cryptocurrencies. Two people met while working for a company in the space.
A $3.5 million seed round was raised by Solvo earlier this year with participation from coinfund and jf labs. A small team of 10 people has been put together by the company since then.
Solvo believes that cryptocurrencies are too complex. You don't know where to start because there are so many different coins.
Users will be able to buy and sell token when the app is released. Solvo has put together a list of 10 Cryptocurrencies so that you don't get lost. You can make deposits and withdrawals from Solvo.
The startup is using staking and DeFi products to generate yield. Solvo customers earn interest when they move their assets toVaults. Solana and Cardanos will be offered by the startup.
Solvo can take a cut of the earnings from the vaults. The product works as expected if customers still have interests.
Solvo allows you to invest in bundles. It allows you to invest in multiple projects at the same time. It works the same way as the popular tokenized baskets, such as the Defi pulse index or the Metaverse index.
Investing with Solvo will be straightforward and easy to understand. Solvo offers products that are focused on high quality assets, that provide diverse exposure and reduced risk, as well as an attractive yield. The co-founder and CEO of the company said that it was for all the investors who wanted an easy way to invest in tHe digital currency.
It was originally positioned as the easiest way to start. The company has launched a number of different products over the years. Solvo might be able to fill that gap.
All Rights Reserved © 2024
