Nov 05, 2023

Exploring the Benefits of MC2 Finance’s TradFi-friendly Crypto Portfolio Management

Decentralized finance (DeFi) could potentially bring a lot of solutions to the issues that traditional finance (TradFi) is facing. Nevertheless, DeFi still has difficulties in onboarding new users -both retail and institutional- due to its limitations in terms of user experience. Although there are a lot of innovations and advancements in the infrastructure, the “DeFi…

MC2 Finance joins Cointelegraph Accelerator to provide TradFi-friendly crypto portfolio management.
TradFi-friendly crypto portfolio management: MC2 Finance joins Cointelegraph Accelerator

Decentralized finance (DeFi) could potentially bring a lot of solutions to the issues that traditional finance (TradFi) is facing. Nevertheless, DeFi still has difficulties in onboarding new users -both retail and institutional- due to its limitations in terms of user experience.

Although there are a lot of innovations and advancements in the infrastructure, the “DeFi revolution” is not presented to users in an easy to understand way and requires in-depth technical knowledge.

In order to become mainstream, blockchain protocols need to have a strong infrastructure in the background and a simple, clean and user friendly interface in the front. To do this, it might be useful to take some ideas from what has been successful in TradFi and fintech for all these years in terms of user experience.

MC2 Finance, a decentralized crypto asset management platform, is attempting to onboard both TradFi users and crypto newcomers by making the investment process in DeFi simpler. It provides an infrastructure for creating KYC-free digital asset funds which comply with regulatory requirements.

Asset managers can create non-custodial portfolio structures across multiple blockchains using MC2 Finance and trade a strategy as a token. Users can follow experts’ strategies with their own cross-chain portfolios automatically after connecting to MC2 Finance with a Web3 wallet. Furthermore, users can explore different token strategies, review risks and ratings to make informed decisions based on their goals.

DeFi requires user-friendly screens

The straightforward design of the platform enables newbies in DeFi to conveniently combine their strategies with a minimalistic interface, while learning from the experienced community by joining exclusive traders’ clubs.

The platform provides a white-label marketplace that is integrated with renowned decentralized exchanges (DEXs). This integration leads to an increase in trading volume and total value locked (TVL) for some of the biggest DEXs in the space. MC2 Finance also offers automated auditing and strategy verification to ensure the safety and reliability of investments. Furthermore, by conducting trading competitions, the platform will give users access to tried-and-tested investment strategies.

“The digitization and decentralization of all asset classes is a clear trend in the financial sector,” a MC2 Finance representative commented, adding that MC2 Finance is connecting traditional finance and DeFi by bringing TradFi standards to DeFi and introducing decentralization to traditional funds.

The platform also offers a variety of tools for the YouTube Crypto, Web3 vs Web 3.0, Best Crypto Sites, Band Crypto, What is Web 3.0 Crypto, Web 3.0 Social Media, Web 3.0 Marketing, China Crypto, Web3 or Web 3.0, and Web 3.0 Design communities.

MC2 Finance joins Cointelegraph Accelerator

MC2 Finance was selected by the Cointelegraph Accelerator program, which is designed to help promising Web3 projects benefit from Cointelegraph’s media reach and marketing opportunities. The team’s expertise and vision of using blockchain technology to revolutionize the traditional investment industry were key factors in the selection process.

The project has 14 employees across Europe and has already established partnerships with various blockchains and DEXs. During the testnet phase, the platform was used by over a thousand users, and a full launch is planned for early 2024.

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