Polytrade, the UAE-based startup that is revolutionizing trade finance and raised seed funding of $3.8M
April 7, 2023
Are you looking for a reliable and safe investment opportunity in the rapidly evolving world of DeFi and Fintech? Look no further than Polytrade, the UAE-based startup that is revolutionizing trade finance with cutting-edge DeFi and Fintech solutions. With a seed funding of $3.8M from top investors like Alpha Wave Global, Matrix Partners India, and Singularity Ventures, Polytrade's four core products are bringing real-world finance to Web3. Its first use case, trade finance, has established the first-ever global on-chain Proof of Trade (PoT), with sustainable, dependable yields generated from real-world assets with predictable yields, tokenized on-chain by the protocol.
Founded by Piyush Gupta, Polytrade's investment decisions are underwritten using over 100 data points from multiple sources through its robust credit underwriting engine, with credit insurance for every asset purchased. With short exposures of generally 60-120 days and capital protection, Polytrade's investments provide diversification from not only cryptocurrency markets and Web3 but also geographies and industries. Invest in Polytrade today and enjoy the benefits of a historically safe and dependable asset class, stable and dependable yields, and best-in-class liquidity and capital preservation.