Xend Real World Asset

Xend Finance is a DeFi platform for cooperatives and credit unions that provides multi-level benefits by optimizing and aggregating different DeFi lending protocols. Investors can deposit funds into Xend Finance, which can not only help some users in areas with unstable legal currencies to preserve the value of their assets in the form of stable coins, but also bring them a very considerable interest income. For example, Xend enables financial inclusion by converting deposits into cryptocurrencies and earning returns on DeFi platforms such as Compound and Aave. So specifically, the usage scenarios of Xend Finance mainly include savings, insurance, governance, staking, etc. There are currently more than 55,000 users in its ecosystem. Xend Finance currently supports an integrated channel for direct deposits of legal currencies in Asia and Africa.

Xend Finance is also a star project in the current DeFi field. Xend Finance is a Nigerian start-up supported by Binance Labs and Google Launchpad. At the same time, Xend Finance is also the first African company built on Binance Smart Chain and the first DeFi out of Africa. protocol. At the same time, Xend Finance is one of the 4 African startups graduating from the Binance Labs incubation program in the second quarter. Xend has also received US$2.2 million in investment from companies such as Binance, Google Launchpad, NGC Ventures, Hashkey and AU21 Capital.