Competition among blockchain ecosystems and scaling solutions is an ever-growing issue within the industry. While it's relatively easy for cryptocurrency enthusiasts to put their crypto assets to good use and generate a revenue stream, this process is only appealing when the network is cheap, efficient, and scalable - one thing the biggest DeFi network, Ethereum, is lacking in.
Ultrade is a multichain DeFi-as-a-Service infrastructure company powered by the Algorand blockchain, an all-in-one trading suite for decentralized finance that ensures users have complete control over their assets. Launching its testnet in June 2022, ULTRADE aims to enhance the overall DeFi experience by providing ultra-fast and cheap transactions.
Funding from investors such as Big Brain Holdings, Tess Ventures, Sarson Funds, and Valhalla Capital brings Ultrade one step closer to its goal of launching a full-featured DeFi trading ecosystem and providing brands with the power to launch their own DeFi platforms.
Freddie
Company Specialist at Welcome to the Jungle
