ADVERTISEMENT
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us
Best Crypto Blog Website
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Wootfi Media
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Wootfi Media
No Result
View All Result
ADVERTISEMENT
Home News Crypto Press Release

Defi-Focused Crypto Wallet Ambire Receives $2.5m in Funding Round

blockchainnews by blockchainnews
23/04/2023
Share on FacebookShare on Twitter

Sofia, Bulgaria, 2nd December, 2021,

— Browser-based crypto wallet Ambire has succeeded in raising $2.5 million in a funding round led by LAUNCHHub Ventures.

The venture, which offers exposure to defi earning opportunities while optimizing gas fees, welcomed investment from a slew of major private investment firms including Ascensive Assets, Metacartel Ventures and Zee Prime. Danish Chaudhry, the CEO of the bitcoin.com exchange, also came on board as an angel investor.

“This endorsement of Ambire Wallet is incredibly gratifying for our talented development team, who have worked tirelessly on a wallet that brings defi exposure to the masses.” said Ivo Georgiev, CEO of Ambire (formerly AdEx Network). “The funding will help us refine and market our feature-rich wallet, which we firmly believe the crypto market has been crying out for. The capital will also be used to expand the team, incentivize integrations and provide liquidity for our native token on decentralized exchanges.”

“While there are a great many cryptocurrency wallets in the defi landscape, Ambire’s latest product has huge promise, appealing to both newcomers and DeFi veterans,” added Todor Breshkov, founding partner of LAUNCHHub Ventures. “Having already brought several impactful products to market, the Ambire team has our full faith and confidence.”

Created to simplify the common pain points of decentralized finance, and appeal to both novice users and crypto veterans, Ambire Wallet enables users to invest funds in multiple defi protocols with one click, helping them save time and drastically reduce gas fees. Users can bypass KYC by registering with email and password or connecting their existing wallet.

Using a combination of batched transactions, trading optimizations and Flashbots, the intuitive wallet application – which is available on desktop and soon on mobile too – also addresses the problem of stuck transactions. As extra security, it can be used with a hardware wallet and a debit card integration is in the pipeline, allowing users to purchase crypto with fiat.

The DeFi-centric wallet is controlled by the Ambire decentralized autonomous organization (DAO) and its $WALLET token holders, who earn fee revenues generated by the platform. The first governance token for a defi-focused wallet, $WALLET confers voting rights over changes to the proposal and the implementation of new protocols.

Ambire Wallet is part of a comprehensive ecosystem that includes a privacy-preserving advertising platform and staking portal, the latter of which permits users to stake ADX tokens to earn yield.

About Ambire Wallet

The Ambire multi-currency crypto wallet simplifies the process of buying, investing and managing digital assets. Designed to provide exposure to the best defi earning opportunities, the privacy-preserving wallet application allows users to diversify their portfolio while saving money on gas fees. The core Ambire team have been operating in the crypto sector since 2016 and have also pioneered a blockchain-powered decentralized marketplace for advertising as well as a staking portal.

Contacts

Communications specialist

  • Ivan Manchev
  • [email protected]
blockchainnews

blockchainnews

Next Post
Tetrixtoken Ico Review: Physical Reality And Physically Persistent Virtual Space.

Tetrixtoken Ico Review: Physical Reality And Physically Persistent Virtual Space.

LATEST .PRESS RELEASE

supraoracles testnet alpha goes live 1665161356ZsB8XLb5Lk

SupraOracles Goes Live on Ethereum, Polygon, Aptos and Four Other L1 Blockchain Testnets

12/02/2023
20230222 204342 1677076183PKpSX7MelF

Bitcoin Soars Over $25K and MEXC (MX) Hits Intra-Year High

23/04/2023

LATEST NEWS

Join the Sports Tournament on 1xBit

Join the Sports Tournament on 1xBit: Any Ticket Can Turn Up 50 mBTC

01/06/2023
Save Easter Eggs with 1xBit and Win Crypto

Save Easter Eggs with 1xBit and Win Crypto

18/05/2023
Venezuelan authorities urged mining companies and cryptocurrency exchanges in the country to stop working

Venezuelan authorities urged mining companies and cryptocurrency exchanges in the country to stop working

24/04/2023
Ethereum price

Ethereum price back to critical support: ETH technical analysis

24/04/2023
Altcoin rising 55% by challenging the falling market

Altcoin rising 55% by challenging the falling market

22/04/2023
Ripple price lost critical $ 0.5 support: XRP's new target

Ripple price lost critical $ 0.5 support: XRP’s new target

22/04/2023
Wootfi Media

Welcome to Wootfi, your number one source for all things [Cryptocurrency]. We’re dedicated to giving you the very best of [Crypto Review], with a focus on [Blockchain Technology ], [Crypto News], [Investment Website].

Follow Us

Categories

  • Affiliate Program
  • AIRDROPS
  • Best Crypto Wallet
  • Bitcoin News
  • Blockchain News
  • Buy Crypto
  • Cardano News
  • CASINO REVIEW
  • CLOUD MINING
  • COINS
  • Crypto News
  • Crypto Press Release
  • DEFI
  • Earning Survey Sites
  • Education Platform
  • Ethereum News
  • Exchange
  • Features
  • Fintech
  • Forex
  • Format Folder
  • Government News
  • Guide
  • ICO
  • Investment
  • Lending
  • News
  • NFT NEWS
  • Press Release
  • Ripple News
  • Uncategorized
  • WALLET
  • Web Hosting
ADVERTISEMENT
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .

No Result
View All Result
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .