Struct Finance Completes $3.9 Million Seed Round To Develop DeFi-oriented Structured Products

Struct Finance Completes $3.9 Million Seed Round To Develop DeFi-oriented Structured Products
The world of structured products is set to undergo tremendous changes. Decentralizing these investment vehicles introduces modularity that would otherwise remain inaccessible. Struct Finance has secured $3.9 million in seed funding to usher in the era of decentralized structured products. Takes A Different Approach It is no secret that decentralized finance remains one of the most appealing concepts of blockchain and cryptocurrency today. The industry has grown from small beginnings and now represents over $220 billion in Total Value Locked. Users are drawn to these protocols, products, and services in search of high yields, composability, and the removal of intermediaries. However, there is a need for ongoing innovation in the space, especially for institutional-grade products. Decentralized structured products may be the next catalyst to fuel broader mainstream DeFi participation. Unlike their traditional counterparts, the products under the Struct Finance banner give users customization options. For example, a user can customize interest rate instruments and compose various options in the ecosystem to create more complex products. In addition, there are numerous investment options, which users can custom-tailor to ..

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