Genesis Block Ventures Invests in Crypto Credit Data Platform Credmark

Full-service investment company Genesis Block Ventures (GBV) announces an investment in Credmark. Genesis Block Ventures would accelerate the development of the crypto credit data platform, to offer global users a one-stop solution for all their crypto loan needs.

Credmark is a decentralized risk modelling protocol that generates protocol, asset, pool, and counterparty risk data based on blockchain addresses’ financial history. It focuses on addressing data interpretation issues within DeFi and building retail focused risk tools on top of its transparent, provable data layer. 

 

With its proprietary market data and expertise, Credmark has established itself as one of the definitive aggregate data companies in the crypto industry. Currently in the DeFi space, there is no accurate, complete or consistent risk analysis modelling. With its innovative data-driven solutions, Credmark provides global retail users as well as DeFi product providers a marketplace of risk models to easily calibrate and manage their optimal portfolio. It also has enormous potential to address some of the most critical issues in the industry, driving robust and transparent financial modelling in DeFi – a huge untapped market. 

 

Within a short span since its inception, Credmark has established strong partnerships and received backing from industry leaders and notable investors. It has recently completed a $5.5 million raise with advisors from Moody’s, FICO, Bancor, and Coinbase. 

Revolutionizing Credit Data for Crypto and DeFi

Additionally, Credmark announced its partnership with the leading oracle company API3 – a substantial step forward for Credmark’s mission to build a highly incentivised community of governance participants and data modelling contributors. 

 

As the latest development, the innovative DeFi platform plans to launch the Credmark token (CMK) on Uniswap V3, with a unique token launch strategy, Liquidity Swap Drop. Leveraging the capital efficiency of Uniswap V3, Credmark will implement its own risk models to mitigate downside risk on its native CMK token. Additionally, it is set to release a Uniswap V3 portfolio management tool for retail users which will utilize their own proprietary risk models.

 

At Genesis Block Ventures, our mission from day one has been to build the future through blockchain technology. We have invested in some of the most prominent blockchain startups, such as Serum, Rari Capital, Alpha Finance, Manifold, SuperFarm, among others, making sure that these projects achieve success through strategic partnerships and guidance. 

 

“What impresses us most about Credmark is their innovative solutions to make credit data and analysis decentralized, open and provable. They solve a significant market challenge brilliantly, adding high-value data to the world of crypto finance!” — Leslie, Co-Founder and Partner at Genesis Block Ventures.

 

Through the investment, Genesis Block Ventures will help further expand Credmark’s opportunities in the crypto and DeFi space. We are excited to participate in the journey to revolutionize risk modelling for the blockchain and crypto industry!

“What impresses us most about Credmark is their innovative solutions to make credit data and analysis decentralized, open and provable. They solve a significant market challenge brilliantly, adding high-value data to the world of crypto finance!” — Leslie, Co-Founder and Partner at Genesis Block Ventures.

Through the investment, Genesis Block Ventures will help further expand Credmark’s opportunities in the crypto and DeFi space. We are excited to participate in the journey to revolutionize credit data for the blockchain and crypto industry!

About Credmark

Originally a crypto credit data company, Credmark’s novel platform addresses data integrity issues in DeFi by aggregating and normalizing data. The team has identified a way to provide high integrity, institutional grade risk tools to retail users. 

 

The CMK token will be used to govern network parameters, incentivize model developers and other contributors, and secure the system via staking lockups.

About Genesis Block Ventures

Genesis Block Ventures (GBV) is a full-service investment company closely working with Genesis Block HK, Asia’s leading digital asset over-the-counter (OTC) trading center. 

 

As a private investment company with a mission of building the future through blockchain technology, Genesis Block Ventures is an active participant in the DeFi revolution, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, and DeFi projects.

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