Draper Dragon backed Blockchain and Fintech Agency, Dsdaq, Secures $1.5 Million in Capital from A number of Angel Buyers

Dsdaq, a Fintech agency established in October 2019, has secured $1.5 million in funding from a number of angel buyers together with Efftronics Asia, a Hong Kong-based household funding workplace, and Draper Dragon, a Silicon Valley-based VC agency.

Jiaxuan (Leah) Li, CMO at Dsdaq, acknowledged:

“Dsdaq is devoted to offering our customers the most effective cell buying and selling expertise and the best buying and selling flexibilities.”

As famous in a launch, the Dsdaq app permits customers to discover and conduct buying and selling by means of a number of totally different international markets. Prospects could make deposits and withdrawals inside minutes by means of the app. There are not any transaction charges.

Dsdaq stated it goals to improve the monetary infrastructure of the world’s under-developed areas by leveraging blockchain or distributed ledger know-how (DLT). The corporate added that it plans to bridge the hole between conventional finance and the cryptocurrency sector.

Leah remarked:

“Our workforce consists of … professionals in finance, cybersecurity and blockchain tech and is supported by [active] buyers and advisors.”

Dsdaq claims round 50,000 registered customers throughout the globe. Established in late December 2019, the corporate supplies over 25 totally different monetary devices.

Dsdaq can be rolling out a brand new model of its platform subsequent month. The corporate’s new app will help extra digital belongings and permit customers to participate in cryptocurrency collateral buying and selling.

The brand new platform will let clients use digital currencies as collateral so as to commerce conventional monetary belongings. This function ought to assist digital asset buyers with diversifying their portfolios.

Dsdaq’s cell apps can be found for Apple Testflight and Google Play. The net model of the platform can be rolled out within the close to future, the corporate confirmed.