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Crypterium Becomes Choise.com, the MetaFi Ecosystem Connecting CeFi and DeFi

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London, United Kingdom–(Newsfile Corp. – July 16, 2022) – Popular crypto wallet Crypterium has rebranded to Choise.com and declared its intent to connect the worlds of centralised and decentralised finance. Its new mandate will see Choise.com evolve into a MetaFi ecosystem that gives users exposure to the best elements of CeFi and DeFi.

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Since its launch in 2017, the company has grown rapidly, expanding its ecosystem with new products and services. In the process, Crypterium has evolved into much more than a mere cryptocurrency wallet.

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The rebrand marks the greatest milestone in the project’s history. Choise.com represents a massive leap forward, transforming Crypterium into an innovative digital asset ecosystem that will give its users greater choice and financial freedom than ever before.

Choise.com’s maiden mission is to create the industry’s first MetaFi ecosystem. By combining centralised and decentralised finance products and services, its platform gives users the choice to earn more on their coins through yield farming, DEXs, liquidity pools, and lending protocols. The new-look platform promises an intuitive user experience, state-of-the-art security and customer support, and a single marketplace to suit the needs of everyone from newcomers to veterans.

“When I launched Crypterium back in 2017, one of the main challenges was to connect traditional banking with the then-new and unexplored blockchain technology. At the time, our goal was to create a neobank for crypto and make digital assets simpler for users. As we have developed alongside the cryptocurrency market, our mission has broadened. Now, we do not only want to simplify access to crypto but also to provide users with new ways to earn more. To achieve that, we are building the Choise.com MetaFi ecosystem that seamlessly connects CeFi and DeFi across multiple blockchains, protocols, wallets, and liquidity pools with the same convenience as our clients have already been enjoying on Crypterium,” – Vladimir Gorbunov, Founder and CEO of Choise.com, shared more about the company’s vision in a founder’s letter.

Choise.com will aggregate crypto solutions under one roof, making it possible for newbies and pros to generate revenue on their digital assets. Its battle-tested CeFi services provide a convenient way for clients to store, exchange, invest, and spend their digital assets with the Crypterium Debit Card, bank transfers, and seamless fiat on- and off-ramps.

This will be complemented by the Charism protocol that gives users access to decentralised finance tools, protocols, and dApps to generate revenue above current market rates without facing the complexity of DeFi. Users can also leverage CHO, Choise.com’s native token, to maximise their profits with yield farming and staking by receiving additional APY from intelligent wealth management and CHO airdrops.

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Furthermore, Choise.com’s crypto price insurance product allows customers to fix a guaranteed minimum price when purchasing digital assets (currently, the service is only available for BTC and ETH). This way, if the price of a given cryptocurrency appears to be less than the insurance price at expiry, the user’s losses will be covered by the insurance.

About Choise.com

Choise.com is the first-ever MetaFi ecosystem that combines the best of the CeFi and DeFi worlds under a single, user-friendly platform. Choise.com is the evolution of Crypterium, serving over 700,000 registered users and with a €230 million turnover in 2021. With the recent rebrand, the company seeks to offer its clients the most profitable and exciting opportunities to earn crypto via centralised and decentralised finance solutions alike.

Learn more: https://choise.com/

Contacts
Alena Akimova
Choise.com
[email protected]

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130971

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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