Pledge Finance Growth Partner Series: AKA Angel

We are excited to announce a strategic partnership with AKA Angel, a Silicon Valley VC firm.

Partnership Vision

Pledger.Finance has received new investment from US-based investor Gianfranco Filice, through his angel fund AKA Angel. It will help the company to expand its marketing and increase liquidity, ultimately bringing more potential borrowers and traders to the platform. As a venture partner at OVO Fund focusing exclusively on Web3 investments, Filice’s investment signals confidence in strong returns when investing in longer-term loan products for the crypto ecosystem.

Unlike other DeFi projects, Pledge is designed to allow the creation of innovative structured and collateralized lending products. These include fixed interest rate swaps, refinancing, and financial derivatives around credit markets in order to allow investors to build diversified portfolios tailored to whatever level of risk exposure they are comfortable with. These kinds of markets do around $500 trillion in trade volume every year.

“Together with Gianfranco’s expertise, value add, and network, Pledge will allow crypto investors to take loans and diversify their crypto portfolio into other asset classes. The client does not have to sell their bitcoin to diversify into other investment products or strategies recommended by financial advisors and others. Pledge delivers a legitimate end-to-end solution for crypto-rich cash-poor clients.” — Tony Y. Chan, CEO of Pledge.

“Pledge’s most significant point of differentiation is to allow long-term holders of crypto to continue to share in an asset’s upside potential, while also recognizing that the desire to diversify into real assets may require liquidity at a time that is not opportune for investors. If modern portfolio theory is any indication of a sound investment strategy, the ability to maintain one’s crypto positions while also diversifying into other financial instruments such as equities, fixed income, real estate, ad infinitum will only create a more robust ecosystem for Web3 as a whole.” — Gianfranco Filice, AKA Angel.

About Gianfranco Filice — AKA Angel

Gianfranco Filice is a Venture Partner with OVO Fund, a premier pre-seed institutional VC firm in Menlo Park. His background includes stints at Goldman Sachs, McKinsey, Barclays, and Matrix Partners. OVO’s portfolio consists of Addepar, SignifyID, Monthly, Everlaw, and KiwiCrate.

About Pledge Finance

By solving the greatest risk of interest rate volatility in the DeFi market Pledge attracts a large number of crypto-asset traders and lenders. Pledge is not just another lending protocol that just serves the crypto traders who borrow digital assets for day trading, Pledge is a crypto-assent lending protocol that serves all. The rate swap system built by the expert team of Pledge serves well for long-term financing by protecting both parties against market risks.

Pledge’s innovation will open new and powerful opportunities for both the crypto-asset holders and the DeFi industry.

Read more about Pledge Finance here:

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