Just saw some news—Altura has secured $4 million in funding.



The lead investor is Ascension, with Moonfare and InnoFinConn also participating. I heard this money will be used for on-chain risk management, aiming to create institutional-grade yield products that are accessible to ordinary people.

In short, they want to bring things that were previously only available to big institutions onto the blockchain so more people can access them. They hope to use blockchain’s transparent mechanisms to solve the traditional financial problems of high barriers to entry and complex processes.

How well they can actually pull this off remains to be seen, but this sector definitely has a lot of potential—after all, who wouldn't want to earn more while keeping risks under control?
ALU-3.53%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SandwichTradervip
· 13h ago
Another story of democratized finance—it's hard to say what kind of splash $4 million can actually make. Wait, on-chain risk management? That sounds like using transparency as a cover. When ordinary people get involved, they're actually more likely to get rekt. I'll have to see how they design this.
View OriginalReply0
RektButStillHerevip
· 15h ago
Another "democratized finance" story—let's wait and see how long it lasts.
View OriginalReply0
MetaLord420vip
· 16h ago
$4 million spent on risk management sounds impressive, but can it really let retail investors earn institution-level returns? Let’s wait and see. --- Ascension is leading the round, huh? How are these parties? Haven’t really paid much attention to them before. --- Here comes the talk of democratizing on-chain finance again. I’m honestly tired of hearing it—just worried it’s another excuse to fleece retail investors. --- If they can really bring institutional transparency on-chain, that would be revolutionary. But I feel like we still need to see how it actually gets implemented. --- Risk management products—put nicely, it’s hedging; put bluntly, it’s just a fancier version of gambling. No matter how you package it, that’s the essence. --- Ordinary people just want to earn a bit more, and that demand will never go away. If Altura can tap into that, they’ve got a shot. --- Moonfare is following on? That reminds me of their last project—feels risky this time. --- On-chain transparency is definitely a selling point, but like I said, if risk control isn’t solid, nothing else matters.
View OriginalReply0
TokenSleuthvip
· 16h ago
Another "democratized finance" story—throwing in 4 million and thinking they can reform traditional finance? All right, I'll be waiting to see the joke.
View OriginalReply0
tx_pending_forevervip
· 16h ago
$4 million sounds like a lot, but in this sector, whether it can truly succeed depends on whether it can actually be implemented down the line.
View OriginalReply0
SchrodingerWalletvip
· 16h ago
$4 million invested in on-chain risk management—it sounds good, but can they really solve the barrier to entry problem? --- Is this another dream of democratizing finance, or just another pretense for fleecing retail investors? --- Ascension leading the round is impressive, but can ordinary people actually use this thing? --- Transparency mechanisms sound nice, but it's only valuable if the risks can actually be controlled. --- I’m optimistic about this sector, but what does Altura have that can beat those old foxes in traditional finance? --- Institutional-grade yield products on-chain? I bet this will just become another way to say “high barrier to entry.” --- At the end of the day, it still comes down to the team's execution—there are concepts everywhere. --- On-chain risk management sounds impressive, but whether it's reliable depends on real data. --- There are so many projects aiming to democratize finance, but very few survive.
View OriginalReply0
NonFungibleDegenvip
· 16h ago
ngl ser, democratizing institutional yields on chain sounds bullish af but like... we've heard this one before right? probably nothing but keeping eyes peeled for the tokenomics drop
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)