The Good Tech Companies - ETFSwap (ETFS) Crosses 4,000 Users With $1.5 Million Raised

Episode Date: May 15, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/etfswap-etfs-crosses-4000-users-with-$15-million-raised. In addition, ETFSwap (ETFS) is gain...ing global recognition as a significant player in the tokenized ETF market. It offers a platform that is both distinctive and Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #etfswap, #chainwire, #press-release, #etfswap-announcement, #bitcoin-spot-etf, #crypto-funding, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. ETF Swap, ETFS, crosses 4,000 users with $1.5 million raised by Chainwire. Asterisk Singapore, Singapore, May 15, 2024, Chainwire, Asterisk Asterisk ETF Swap, ETFS, an emerging decentralized cryptocurrency and exchange-traded funds ETFS platform, has achieved a series of significant milestones, marking a historic moment in its development and pre-sale. With the support and confidence of thousands of users and investors worldwide, this groundbreaking platform is experiencing a meteoric rise in popularity.
Starting point is 00:00:41 In addition, ETF Swap. ETFS, is gaining global recognition as a significant player in the tokenized ETF market. It offers a platform that is both distinctive and accessible, as well as unique and user-friendly, for trading cryptocurrencies and ETFs. ETFS WAP ETFS records unprecedented surge to cross 4,000 US ERSAs of November 2023. The global ETFs industry reached a valuation of $10.99 trillion and has been growing rapidly ever since. Given this expansion, an increasing number of cryptocurrency enthusiasts and investors have looked for ways to engage with the potential in this sector. ETF Swap, ETFS, emerges as a bridge between the traditional and decentralized finance, DeFi, ecosystem. This platform offers investment
Starting point is 00:01:32 opportunities for global investors, exposing them to trillion-dollar sectors such as health, energy, technology, commodities, and more. ETF Swap, ETFS, offers crypto investors a novel service that has never been seen in the industry. It allows access to the trillion-dollar traditional ETFs market, allowing them to expand their investment portfolio by tokenizing these assets for easy trading. But perhaps where ETF Swap, ETFS, really outpaces its competitors is that it presents an easy on-and-off ramp for trading ETFs using both crypto and fiat, coupled with the decentralization of the Ethereum blockchain. Over the next year,
Starting point is 00:02:11 the platform plans to complete its roadmap with the full launch of the ETF swap, ETFS, trading platform open for all. Additionally, it'll launch its partnership program, launch its staking decentralized application, DAP, and roll out community rewards. Its token will launch on decentralized exchanges such as Uniswap, with open public trading to follow. This comes with a full-blown marketing rollout such as CoinMarketCap FastTrack, Key Opinion Leaders, KOLs, and token competitions. The ETFSwap, ETFS, platform has undergone a rigorous audit by Cyber Scope, a leader in the blockchain security industry. The audit found no vulnerabilities in its contract, with the company declaring it safe for investment. Ahead of ITS' full platform launch,
Starting point is 00:02:57 the company is focused on securing all necessary licenses required to bring this novel service to investors worldwide. To sweeten the pot, it requires no KYC, no your customer, which means investors just need to connect their wallet to start trading on the website. ETF Swap, ETFS, is already seeing unparalleled adoption amongst users across diverse regions globally. Currently, the innovative platform has recorded more than 4,000 users in just a few weeks. This surge in adoption is fueled not only by ETF swaps, ETFs, advanced trading technology and capabilities but also by the rising interest in tokenized ETFs within the digital asset landscape. Key milestones and pre-sale progress thanks to ETF swap users, ETF swap, ETFS, has successfully
Starting point is 00:03:46 hit key developmental milestones. With the help of institutional investors, ETFSwap, ETFS, successfully raised over $750,000 in its private fundraising round. In addition to the growth of ETFSwap's user base, the first stage of the ongoing presale has seen over 75 million tokens sold. The ETFSwap team noticed the increase in sales and, with a strategic decision, has raised the ETFS token price from $0.00854 in its first presale stage to $0.01831 during the second stage. The public presale has also collectively raised over $1.5 million in a few weeks. For more information about the ETFs presale, users can visit ETFSwap. Presale users can join the ETFSwap community contact Jacob Moss ETFSwap LLC info at ETFSwap.io. Tip this story was
Starting point is 00:04:41 distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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