Reflection On Xend Finance’s Journey Since Launch
The past two years since the launch of Xend Finance have been an incredible journey. As the first crypto bank out of Africa, we have achieved numerous milestones that make me very proud. We have launched in multiple African countries, increased our user base to hundreds of thousands of real users, and hosted the biggest hackathon in Africa. More importantly, we have simplified DeFi solutions to help our users hedge their funds against inflation.
With the Xend Finance mobile app making great strides and a solid structure in place, we expanded our offerings to create more solutions for businesses and developers. Earlier this year, we launched XendBridge, a P2P system that allows our users to send money across the globe. XendBridge API empowers businesses and developers alike to create products that can on-ramp and off-ramp crypto at zero cost. For individuals, XendBridge Lite offers them the opportunity to trade crypto, and our OTC desk is home for trading large amounts of crypto and fiat. With over 10 businesses integrating the XendBridge API into their businesses, we are proud to have helped them reach new customers with the power of the blockchain.
But we didn’t stop there. For over 1 year and 6 months, we’ve been working on something huge for our large crypto community. We wanted a solution that would provide DeFi solutions like our previous products but also serve as a gateway to the metaverse. This led to the creation of MADWallet, which we are excited to officially launch today.
MADWallet is the first metaverse and DeFi-enabled crypto wallet. Unlike typical crypto wallets found in the crypto space, MADWallet takes our users on a journey through the metaverse. MADWallet provides features never seen before in crypto wallets. For example, it allows you to automatically save your funds and earn interest on them instead of having them sit idly in your wallet. You can also bridge your crypto assets across multiple blockchains and swap your tokens with ease. Beyond these, it provides free $XEND tokens as incentives. MADWallet will also provide support to GameFi projects across multiple chains by enabling them to trade their game assets on the MADWallet NFT Marketplace. MADWallet will also provide support for customizable skins that make each wallet look and feel unique and different, appealing to both gamers and regular users. MADWallet will also support different games directly from its interface in future versions.
I invite you to visit madwallet.io and download the MADWallet extension for your browser. Get access to all these features today and experience the journey through the metaverse.
Looking ahead, we are excited to continue creating real-use DeFi solutions for our users to help make lives better. Our ultimate goal is to become the go-to platform for DeFi in emerging markets, and we believe that we are well on our way to achieving this.
I would like to thank our users, investors, and partners for their ongoing support and belief in our vision. We are committed to delivering the best possible user experience and helping to create a more inclusive and equitable financial system for all.
Sincerely,
Ugochukwu Aronu,
Chief Executive Officer, Xend Finance
About Xend Finance
Xend Finance is a global crypto bank offering up to 15% interest, with an open Web3 infrastructure for developers. Members can earn multiple levels of interest on their savings by seamlessly exchanging their crypto or fiat currency to stable cryptocurrencies and staking on the Xend Finance platform. The company’s Cross-Chain High Yield Aggregator is the first product in the industry that automatically scans and ensures the highest yields across multiple chains.
The international team is made up of professionals with backgrounds in mathematics, finance, cryptography, and blockchain development, working for KPMG, Chevron, Huobi, and Stanbic Bank. Xend Finance is backed by Binance, Google Launchpad, NGC Ventures, Hashkey, and AU21 Capital, amongst others.
