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Master Ventures to Invest in Purefi Protocol

byRitu Lavania
July 8, 2021
in Blockchain News

PureFi Protocol is quickly expanding its proceedings as the venture recently joined hands with two esteemed projects. Firstly, the Arcadia Group entered a technical partnership with the company. Now, Master Ventures has decided to invest in the protocol to drive DeFi and blockchain adoption. Master Ventures has established a premium prestige for boosting blockchain adoption. In addition, the platform offers tech-savvy products to facilitate a study foundation for financial projects.

PureFi joining hands with Master Ventures seems natural as both platforms aim to speed the blockchain adoption process globally. In addition, they aim to bring exceptional talent, investment capital, and intuitive ideas to build revolutionary projects. Moreover, both ventures are actively steering new users towards the DeFi sector as well.

PureFi believes that a project is driven by the people working on it. That is why the platform is delighted to collaborate with proactive players such as Willy Kerr and Kye Chasse. Kyle introduced Master Ventures back in 2018 while Willy acted as the visionary for the platform. Together, they bring the best out of blockchain projects and add legitimacy to the entire sector.

With Master Ventures’ help, PureFi will receive viable consultation and advice on marketing and tokenomics. It will help the protocol earn a viable market position, earning sustainability and quick growth.

PureFi’s Contribution to the DeFi Space

Apart from the blockchain space, PureFi is expanding its reach in the DeFi circuit as well. The protocol recently formed a partnership with the Arcadia group. The previous year witnessed over 34 million dollars being spent on DeFi transactions. The numbers are only growing as time passes.

The Arcadia Group is a leading blockchain development platform as well. It facilitates esteemed use-cases like the development of intuitive ZKP integrations, customized insurance models, and NFT marketplaces. With Arcadia’s assistance, PureFi will gain market and technical expertise to improve its procedures.

Amid its constant growth, PureFi acts as the one-stop station for DeFi projects. As of now, it is the sole decentralized finance AML protocol for crypto onboarding. The protocol intends to offer a complete cycle solution to facilitate KYC/AML procedures and digital asset analytics. Additionally, it uses smart contracts to connect DeFi users and DeFi projects/DEXs with AML/KYC service providers. The service providers offer reliable crypto analytics to secure DeFi users from unethical fund risks.

With blockchain tech harnessing a global audience, its mainstream adoption is inevitable. That is why PureFi’s technical and strategic collaborations seem natural. The protocol is already contributing to the DeFi circuit with the help of Arcadia. Now, with Master Ventures’ market expertise, the protocol will certainly receive global recognition.

PureFi, the sole DeFi AML protocol, recently joined hands with the Arcadia Group for DeFi promotion. Now the platform is also receiving financial support from Master Ventures. With this assistance, PureFi aims to speed up the global blockchain adoption process.

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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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