We are happy to announce our investment in Blockbank.ai
Our strategic investment in Blockbank.io private round was realised in 03/2021. We belive that Blockbank will make huge impact in DeFi space and they will be top tier competitor to similar companies like Nexo, BlockFi or Celsius.
Blockbank isn’t a new project, they’ve started in 2019 and they have already 25k+ users with over 100m$ TVL, team is well known in crypto space and we are so glad to invest in their abilities and product.
Blockbank.io will be very popular among users, they will offer up to 30% APY which is almost 3x more than competitors apy. DeFi ecosystem is booming and apps like this will be the first step for casual investors and new DeFi users.
Tomas H., CEO Mandalore
What is Blockbank?
BlockBank is on a mission to simplify the user experience without compromising security, privacy, or decentralization. The complex nature of DeFi platforms requires elegant trade execution and earning strategies to avoid high gas costs and slow speeds. Blockbank optimizes multi-step DeFi purchasing processes and add a powerful AI assistant. AI assistant’s patented technology brings the analytical power equivalent of hundreds of highly skilled financial analysts to the palm of our users; levelling the playing field between retail and institutional investors.