The ‘Kayak’ of Virtual Currency Raises Capital on Crowdfunding Platform in Effort to Further Democratize Financial Products
(DETROIT, Mich.) — NEWS: Totle, the startup powering rapid growth in the world of decentralized finance (DeFi) by providing optimized exchange functionality, today announced their partnership with Republic – a leading crypto and equity investment platform backed by Binance and AngelList that enables anyone to be an angel investor. Totle plans to use the funding to accelerate and foster business development with new API partners.
“Republic is incredibly diligent about the companies they get behind, so this opportunity is very exciting for us,” said David Bleznak, CEO of Totle. “Their involvement only affirms our vision for crypto asset exchange and the future of decentralized finance. By raising funds on Republic, we have the opportunity to closely involve all of our supporters.”
In addition to CEO David Bleznak’s own $500k recent share purchase, Totle community members will now have the opportunity to join in on the startup’s early successes. Since launching its beta product last year, the company has expanded its suite by opening up the platform to B2B partners via their API and recently secured funding from top blockchain industry institutional investors including Arrington XRP, NEO Global Capital and Goren Holm Ventures.
Bleznak adds, “The campaign with Republic represents our commitment to democratizing finance so that ‘unaccredited’ investors can access the same opportunities as JP Morgan or Goldman Sachs. The funds raised will enable Totle to expand the onboarding of new B2B partners and continue to build out our suite of decentralized exchange products and services available through our API. These new features enable partners to focus on building their businesses, while Totle focuses on providing optimal exchange functionality for them.”
Totle provides the emerging decentralized finance (DeFi) ecosystem access to DEX liquidity and optimal pricing for the exchange of digital assets. By doing so, Totle unlocks the opportunity for billions of people to improve their standard of living through the application of distributed ledger technology. Totle’s customers include leading wallets, trading funds, DApps and other financial applications. These B2B partners utilize Totle to offer end-users diverse use-cases, including the ability to pay for goods and services with a wide variety of tokens.
To learn more about Totle, please visit: https://www.totle.com/
To learn more about investing in Totle, please visit: https://www.totle.com/invest
Totle powers the blockchain economy by providing the safe, simple decentralized exchange of digital assets as the best price. For wallets, traders, payment processors and any business with a need to exchange digital assets, Totle provides one simple API to access the leading decentralized exchanges and decentralized exchange protocols.
By aggregating many DEXs, Totle solves fragmentation, improves liquidity, and propels the growth of de-fi solutions. Totle solutions are non-custodial and enable users to always maintain control over their own private keys.
Republic, a spinoff of AngelList, provides the opportunity for anyone to invest in highly vetted startups with as little as $50. Our curated investment platform hosts a diverse set of equity and crypto-focused token offerings. Republic operates under U.S. equity crowdfunding regulations and is under the supervision of the U.S. Securities and Exchange Commission and the U.S. Financial Industry Regulatory Authority.
To date, the acceptance rate of companies applying to fundraise on Republic is below 5 percent, while funding success rate exceeds 95 percent. Through its partners and affiliates, Republic also connects founders to institutional investors, provides compliance services and supports crypto projects’ digital token distribution needs. For additional information, please visit: https://republic.co/ @joinrepublic facebook.com/joinrepublic.
Related link: https://www.totle.com/
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