AQRU plc, an incubator specialising in decentralised finance (DeFi), has surpassed $50 million in assets under management and 20,000 user signups on its proprietary yield-generating platform, AQRU.io.
The milestone was achieved five months since the platform’s launch and 39 days after the company announced that it reached ~$20 million (£16.5 million) in assets under management.
AQRU.io offers investors an easy and secure way to access and participate in the decentralised markets. The platform allows users to easily convert their fiat currency, such as EUR and GBP, into cryptocurrency and participate in staking1, which is the locking of funds to receive crypto rewards, and yield farming2, where crypto assets are locked to earn interest of up to 12%.
The platform has been secured by Fireblocks, an industry leader in digital asset security that has secured the transfer of over $400 billion in digital assets, using bank-grade security software to reassure investors that their money is safe in the AQRU.io platform.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More