Full-service investment company Genesis Block Ventures (GBV) announces an investment in DeFi Lending Platform NAOS Finance. Built on the Ethereum blockchain and Interplanetary File System (IPFS), NAOS Finance automates the tokenization of real-world assets and the end-to-end lending process.
Genesis Block Ventures would support the development of the DeFi lending platform to bring real-world assets on-chain, taking DeFi to the next level.
NAOS Finance is an interoperable marketplace for loans backed by offline income streams. It bridges the multi-trillion dollar global credit gap by allowing lenders and borrowers to interact in a permission-less manner. NAOS aims to unlock the possibilities of further DeFi innovations by bringing real-world assets on-chain (at scale), and to eliminate inefficiencies of traditional finance by decentralizing the decision making process.
In March 2021, NAOS Finance announced the completion of its seed funding round to accelerate its efforts to bridge the worlds of traditional finance and crypto. The round saw participation from Mechanism Capital, The Spartan Group, SNZ, Youbi Capital, Incuba Alpha, Sora Ventures among others.
NAOS: Interoperable Marketplace for Loans
NAOS consistently impresses us with their focus on their strong drive and growth potential. NAOS enables the billions of dollars held in real-world, fiat currency-denominated debt and other financial instruments to be tokenized and transacted on a blockchain, targeting Fortune 500 companies, publicly traded institutions and international corporations globally.
With many DeFi projects lacking applicable real world usage, NAOS’ asset base differentiates itself to create more interesting DeFi applications. Bringing with an exceptional mix of backgrounds in finance and technology as well as crypto assets, the NAOS team has already taken steps and established a large network of over 2,500 small and medium enterprises (SME), connecting SMEs with access to on-chain liquidity.
Additionally, NAOS has established strategic partnerships with proven FinTech companies to onboard quality assets in a centralized manner. All assets will be subjected to bank-grade risk assessment and be fully insured to ensure the safety of the funds. Through its exclusive partnerships, NAOS is fully licensed in highly regulated markets such as China, Indonesia, Philippines, Vietnam, India and Nigeria.
As an investment company with a mission of building the future through blockchain technology, Genesis Block Ventures has built a wide-reaching, vibrant blockchain ecosystem, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, and decentralized finance (DeFi) projects.
Through the investment, Genesis Block Ventures is excited to participate in NAOS’ journey to become a building block for a future in which all finance is decentralized and accessible!
About NAOS Finance
NAOS Finance facilitates DeFi lenders and SME borrowers to allow both parties to interact in a permission-less manner on the blockchain. We enable the origination and funding of loans without traditional intermediaries.
NAOS Finance provides lenders with stable and recurring income streams while also connecting the on-chain world with much bigger off-chain opportunities. Ultimately, our goal is to fully automate the tokenization of real-world assets and make them available as part of the end-to-end lending process through NAOS Finance.
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.