InvestDex & Zam.io Team Up to Merge CeFi & DeFi for Web3
Financial instruments such as stocks, loans, bonds, certificates of deposit, and more are commonly used in the CeFi (centralized finance) space — for years, this realm has been controlled by institutions and other central actors, greatly limiting opportunities for its users.
DeFi (decentralized finance) is pulling the trigger and taking the TradFi landscape by storm. Leveraging blockchain technology and the digital landscape, users and investors are now able to engage in seamless trading, earn high yields, and many more lucrative opportunities. While there are many solutions on the market that offer DeFi incentives, a true comprehensive hub that offers the most optimal benefits has yet to be seen.
That’s why we’re excited to announce that we’ve developed a brand new strategic partnership with Zam.io, a platform looking to connect the dots and bridge the gap between the CeFi and DeFi realms once and for all.
For this partnership, Zam.io will be integrating many of its capabilities on InvestDex, while also supporting our team with advising, business development, marketing, and more. In return, InvestDex will give Zam.io users access to our advanced tools to facilitate greater and more efficient trading.
Zam.io strives to build an on-chain ecosystem that brings the best of the CeFi and DeFi realms together, on-ramping real-world assets to the blockchain. The platform acts as a hub composed of a variety of features, such as centralized and decentralized exchanges, stablecoin loans, a non-custodial wallet, on/off fiat ramps, tokenized stocks, cards for virtual payments, analytics dashboard, and more.
Through its financial mechanisms, Zam.io is building a product that will act as the catalyst to spark the movement from traditional finance into DeFi, offering users the luxury of pre-existing benefits and features in addition to those DeFi brings to the table.
The platform also offers two unique stablecoins, $AEDZ and $USDZ — the first is pegged to the Emirati Dirham and the ladder is pegged to the US Dollar, offering price stability and interoperability on the platform with other features.
$ZAM is the platform’s native utility token, which is used to upload the underlying network and provide security. It’s also utilized for making payments (also for paying fees), swapping between assets, insurance policies, staking and rewards, and more.