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Vanilla Finance, the 1st Exchange that lets you own (trade) 1 Bitcoin for $10, gets strategic agreement and investment from Catizen


unique DeFI platform

September 05, 2024


Vanilla Finance, a pioneering exchange, has entered into a strategic partnership with Catizen, a highly-rated game on Telegram supported by Binance Labs. This collaboration, which also includes the play-to-earn game NotCoin launched on Binance, will feature referral systems and various strategic initiatives to enhance both platforms.

Project

Latest Raise Date

Stage

Lead Investor

Category

Vanilla Finance

September 05, 2024

Strategic Agreement

Catizen

DeFi

Vanilla Finance is the first exchange allowing users to own 1 Bitcoin for $10. It will also be the first trading Mini App to integrate with the Catizen Ecosystem, establishing itself as the first DeFi-related trading Mini App within this ecosystem. As part of their strategic partnership, Vanilla Finance will also be the first Telegram trading Mini App to incorporate the CATI Token, following its upcoming Token Generation Event (TGE).


This integration will allow users to trade CATI tokens directly on the Vanilla Finance platform, providing a unique application scenario and boosting the utility of CATI within the Telegram ecosystem. This partnership not only demonstrates the strong synergy between the two platforms but also sets a new standard for innovation in the DeFi and gaming sectors on Telegram.


In addition to investment from Pluto, Catizen’s incubator, other notable investors and angels have joined the funding round. These include UOB Ventures, ABCDE Labs, Paper Ventures, HTX Ventures, Open Space, Y2 Ventures, and core founders from projects like Movement, STEPN, Scroll, and XAI. They see Vanilla Finance as the next major advancement in DeFi, set to transform the financial landscape.


UOB’s investment is expected to improve Vanilla Finance’s safety and security, supporting regulatory compliance thanks to UOB’s strong risk management and compliance frameworks.


About Vanilla Finance

Vanilla Finance is a trading platform that allows users to trade various cryptocurrencies. It offers features like real-time market data, order placement, and portfolio management. The platform is designed to be user-friendly and integrates with the Catizen Ecosystem, making it easy for users to trade within the Telegram environment.


 

About Investor

In addition to investment from Pluto, Catizen’s incubator, other notable investors and angels have joined the funding round. These include UOB Ventures, ABCDE Labs, Paper Ventures, HTX Ventures, Open Space, Y2 Ventures, and core founders from projects like Movement, STEPN, Scroll, and XAI.

 

 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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