The Initial Bitcoin ETF Provider Ventures into De.Fi, a Revolutionary Web3 SuperApp

The Initial Bitcoin ETF Provider Ventures into De.Fi, a Revolutionary Web3 SuperApp


De.Fi Announces 21Shares as Investor

The largest Web3 Super App, De.Fi, has announced that 21Shares will be investing in their project. 21Shares is a market leader in offering ETFs for institutional and retail investors. This investment is significant for De.Fi as it will help bring exposure and adoption of the $DEFI token to traditional finance. The investment also demonstrates confidence from industry leaders in De.Fi and highlights the collective commitment within the industry to shape the future of finance together.

ETFs and Traditional Investors

ETFs have become a central narrative in Q4 2023, with analysts believing that their approval will allow traditional investors to access digital assets. This is expected to drive strong growth for the entire industry, with Bloomberg predicting that the market could reach a total capitalization of $100 billion.

“21Shares and ARK join forces to deliver a compelling digital asset ETF suite. Leveraging on-chain signals and our crypto-native experience, the suite aims to deliver long-term capital appreciation through strategic investments in Bitcoin and Ethereum futures contracts, and the application of blockchain technologies.“ – 21Shares official statement

Broad Spectrum of Support

While 21Shares is a noteworthy investor, it’s important to acknowledge the support from various other sources. The De.Fi team is backed by leading Venture Capital firms and prominent investors worldwide, including Shima Capital, HOF Capital, and others.

“Having followed closely the De.Fi Team for years, I can attest to their transformative impact on the cryptocurrency landscape. Their game-changing Web3 SuperApp & Crypto Antivirus set a new standard for enhancing Crypto Security!” – John Izaguirre, Former Director of Binance Chain

Partnerships and Listing Campaign

De.Fi has formed prominent partnerships with zkSync, LayerZero, Hacken, CoinGecko, and Trust Wallet. These partnerships demonstrate their dedication to becoming the ultimate SuperApp for Web3. The team is now preparing for an upcoming listing campaign scheduled for the end of January, showing their commitment to establishing a strong presence for the $DEFI token in the market.

About De.Fi

De.Fi is a Web 3 Super App that offers various unique features. It serves as a portfolio manager dashboard, allowing users to track crypto and DeFi positions across different chains. The Explore Yields feature helps users find the best DeFi opportunities easily. The platform also includes the Crypto Antivirus, a security system that alerts users to risky tokens and smart contracts. Additionally, De.Fi SocialFi gamifies the onboarding process into Web3 by allowing users to create profiles, build communities, earn points, and unlock rewards.

PR Manager
Maria Lyshchuk
De.Fi Web3 Super App

Hot Take: 21Shares Invests in De.Fi, Boosting Traditional Finance Exposure for $DEFI Token

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De.Fi’s partnership with 21Shares marks a significant milestone in bringing traditional finance exposure to the $DEFI token. This investment not only demonstrates confidence from industry leaders but also highlights the collective commitment within the industry to shape the future of finance together. With ETFs gaining traction and offering access to digital assets for traditional investors, this collaboration sets the stage for strong growth in the industry. Additionally, De.Fi’s partnerships and upcoming listing campaign further solidify their dedication to becoming the ultimate Web3 SuperApp. Overall, this investment paves the way for increased adoption and recognition of De.Fi in the market.

Author – Contributor at | Website

Owen Patter is a distinguished crypto analyst, accomplished researcher, and skilled editor, leaving a notable imprint on the cryptocurrency landscape. As a proficient crypto analyst and researcher, Owen delves into the intricate realms of digital assets, offering insights that resonate with a diverse audience. His analytical acuity is harmoniously paired with adept editorial skills, allowing him to transform complex crypto information into easily comprehensible content.