Peertec’s Blockchain Custody GROW Exceeded USD 30 Million
Blockchain fintech company Peertec announced on February 18, 2020 that its custody service GROW exceeded deposit of USD 30 million worth of assets.
“Such a result has been achieved just six months after GROW’s launch in July last year, which indicates the growth potential of the blockchain custody business,” said Ash Han, CEO of Peertec. “The market capitalization of Decentralized Finance (DeFi) has reached USD 1 billion on February 7, 2020 and the blockchain custody business is expected to further grow.
GROW is distributing an average annual reward of approximately 8% to users. Furthermore, GDAC users’ assets are secured with Peertec’s patent-based private key technology for cryptocurrency wallets.
Peertec is a blockchain fintech company that operates a cryptocurrency exchange platform GDAC (https://gdac.com/), asset management and custody services, and a B2B payment infrastructure. Peertec’s patent-based payment infrastructure is the industry-first enabling real-time clearing and settlement for digital asset payments.
