Fintech PR
GONDI V3 Reimagines NFT Lending, Delivering Unmatched Flexibility and Precision
Introducing GONDI V3, an upgrade to the leading NFT lending protocol that takes the NFT lending space to a new level, empowering borrowers and lenders to fine-tune their strategies like never seen before.
NEW YORK, Sept. 4, 2024 /PRNewswire/ — GONDI, Ethereum’s premier decentralized NFT lending protocol, is being upgraded to GONDI V3. Backed by Pantera, Dragonfly, and Foundation Capital, among others, and with over $130 million in gross volume, $25 million in outstanding debt, and $40M TVL, GONDI’s upgrade brings significant enhancements, most notably the introduction of Tranche Seniority, enabling users to tailor their risk strategy with unprecedented precision.
- Tranche Seniority: Loans can now have tranches with different seniority for more sophisticated and tailored strategies.
- Multi-source Loans: Loans can originate from multiple offers from many lenders, making large loans easier to come together.
- Efficient Renegotiations: Lenders can now extend offers to their outstanding loans with one click and only need to have balance in their wallet if there’s a delta in the renegotiation principal.
GONDI is the trusted solution for top lenders and art collectors in the NFT space, including Seedphrase, Gmoney, Cozomo de’ Medici, and Phantom Scribbler. Many of the largest NFT loans ever have been facilitated through GONDI, such as the iconic $1,000,000 USDC loan secured against Gmoney’s famous Ape Punk #8218.
GONDI has established itself as the leading lending protocol, attracting collectors of the most renowned collections like CryptoPunks ($63M in volume), Autoglyphs ($30M in volume), Fidenza ($5M in volume), and Chromie Squiggles ($6M in volume).
With the introduction of GONDI V3 and with Tranche Seniority at its forefront, GONDI allows users to fine-tune their risk strategies like never seen before, cementing its status as the most advanced, capital-efficient, and flexible NFT lending protocol.
“GONDI V3 redefines flexibility in NFT lending. With Tranche Seniority, multi-source loans, and a host of other features, GONDI V3 allows lenders to fine-tune their strategies with unparalleled precision while borrowers benefit from maximized liquidity,” said Burga, co-founder of GONDI.
Visit https://Gondi.xyz today to explore the power and flexibility of GONDI V3.
About GONDI: GONDI is Ethereum’s leading non-custodial NFT lending protocol for digital art and collectibles, where borrowers get loans without selling their NFTs, and lenders can access real yields.
Official Links
● Website: https://gondi.xyz
● Twitter/X: https://twitter.com/gondixyz
● Discord: http://discord.gg/gondi
● Docs: https://docs.gondi.xyz
● Brand assets: View here
Contact Information: For media inquiries, please contact the team at discord.gg/gondi
Photo – https://mma.prnewswire.com/media/2496200/GONDI.jpg
View original content:https://www.prnewswire.co.uk/news-releases/gondi-v3-reimagines-nft-lending-delivering-unmatched-flexibility-and-precision-302237892.html
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .
Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.
As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.
With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.
Supervision by International Regulatory Institutions to Ensure Top-Tier Safety
As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.
Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.
Dedication to Shape the Industry with Innovative Solutions
Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.
This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.
Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.
Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!
E-mail: [email protected]
The post Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets appeared first on .
LIMASSOL, Cyprus , Nov. 15, 2024 /PRNewswire/ — Doo Group is proud to announce that Doo Financial, one of its brands, has been awarded a new license by the Cyprus Securities and Exchange Commission (CySEC). This achievement strengthens Doo Group’s commitment to providing a secure and regulated trading environment for its clients globally.
Expanding Regulatory Reach
The addition of the CySEC license highlights Doo Group’s extensive regulatory framework, which already spans across multiple financial jurisdictions, including the United Kingdom, Australia, Hong Kong and Malaysia. This strategic milestone reflects Doo Group’s dedication to ensuring compliance with international regulatory standards and prioritizing client security. As a European Supervisory Authority, CySEC offers a robust regulatory environment and is expected to enhance client confidence. For Doo Group, this new regulatory milestone reinforces its reputation as a trusted, reliable financial services provider.
“Acquiring the new license from CySEC is a significant milestone for Doo Financial, marking a key step in our ongoing growth and strategic expansion. This achievement not only reinforces our commitment to maintaining the highest standards of regulatory excellence but also solidifies our position as a trusted, reliable financial institution within Europe. By aligning with CySEC’s rigorous requirements, we are better positioned to offer enhanced services to our clients, foster greater transparency, and ensure long-term stability in an increasingly complex and dynamic financial landscape.” Costas Kappai, Doo Financial EU
Strengthening Client Confidence
Doo Financial EU, the European branch of Doo Financial, is now positioned to serve clients across Europe under the guidelines of a European Supervisory Authority. European clients will benefit from CySEC’s regulatory protections, including client fund safety and transparent business practices, ensuring a secure and trustworthy trading experience. This development allows Doo Financial EU to offer its suite of financial services and trading products to a wider audience, backed by the credibility and oversight of CySEC.
By expanding its regulatory reach, Doo Group continues to strengthen its position in the global financial market, enabling clients to trade with confidence. The CySEC license is another step toward achieving Doo Group’s vision of becoming a leader in financial services.
About Doo Group
Founded in 2014 and headquartered in Singapore, Doo Group is an international financial services provider with a focus on FinTech. With operations across 10 major business lines—including Brokerage, Wealth Management, Payments, and Digital Marketing—we are dedicated to delivering comprehensive financial solutions that empower our clients to explore a better future.
View original content:https://www.prnewswire.co.uk/news-releases/doo-group-strengthens-global-reach-with-cysec-license-for-doo-financial-302306893.html
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