Diamante Blockchain has raised over $1.3 million from Wefunder and other angel investors that would be utilised to upgrade and enhance its technology infrastructure. The funds will be deployed for product development and accelerating hiring and scale operations across the global markets, a company statement notified.
Dinesh Patel, Co-founder and CEO, Diamante Blockchain, said in the statement, “We aim to make our ecosystem really exciting for the rapidly evolving tech and innovation. Our DeFi products and services facilitate real-time value across the Diamante ecosystem and enable users to move assets instantly.”
The fundraising campaign is receiving immense support from across the globe, and we aim to hit $2.3 million,” he added.
The company’s Decentralised Finance (DeFi) payments application, PayCircle, is currently live in the beta version for market review. The application allows individuals and businesses to send, receive, or custody multi-currency Fiat and digital assets at a fraction of the current cost in real-time.
“Our DeFi digital ecosystem represents the next-gen way of approaching multi-currency Fiat and digital asset payments in real-time, building innovative dApps and transforming the way businesses and individuals interact with fintech space,” mentioned Chirag Jetani, Co-founder and COO, Diamante Blockchain.