Poland-based Fintech Startup Mizar Receives $3M in Nexo-Led Funding to Solve the Complexities of Trading Crypto with Next-Generation Smart Trading Tools | tech news

| |


Institutional Support for Bitcoin in Recent Years As mainstream crypto adoption has increased in recent years, many now see cryptocurrency trading as a source of passive income generation. However, crypto trading is not without its challenges and complexities, making it difficult for new crypto traders to get into the game.

The other topic has to do with speculating on price movements via a CFD trading account or buying and selling coins via crypto exchanges. Now a tech startup aims to solve the complexities of trading crypto and make it more accessible.

Enter Mizar, a Poland-based crypto startup with a vision to unleash the full potential of intelligent and algorithmic trading to usher in a new era of passively and actively managed crypto. The Mizar team develops an innovative yet simple trading platform that offers its users trading tools for traders of all levels. Mizar wants to open trade to everyone and offers a fair and proportional business model.

This weekend, Mizar announced that it has raised $3 million in seed funding to create the next generation of intelligent trading tools for everyone. The round was led by Nexo, with participation from Huobi Ventures, KuCoin Ventures, Gate Labs, MEXC, WOO Ventures, Spark Digital Capital, Shima Capital, Stakely VC, Evolve Capital, Kairon Labs, AU21 Capital, Tenzor Capital, NFT Tech, David Post and Dean Thomas.

Mizar will use the new capital injection to advance the goal of making smart trading tools available to everyone to automate their trading and reclaim their time. Mizar also wants to bridge advanced trading tools from CeFi to DeFi and address the issues of facilitating advanced trades within multiple networks with a solution that would allow anyone to trade multiple pairs, execute advanced orders or low-risk strategies, all within one simple trade -Use platform.

Founded by CEO Francesco Ciuci, Mizar is a next-generation trading platform where traders can search for strategies to allocate capital safely or gain access to a wide range of trading tools to get their wealth moving. Mizar’s mission is to provide advanced yet easy-to-use trading tools and make them accessible to everyone. Mizar’s smart trading tools require no prior trading knowledge.

Anyone could be a potential user of Mizar: beginners who want to invest in other traders’ strategies with a few clicks, investors who want to reduce their risk by managing their portfolios with smart features, or advanced traders who want to automate and duplicate their trades want to become in order to achieve a passive income. Mizar’s goal is to lower the barriers to entry so that beginners and experts alike can enhance their crypto trading experience. Mizar aims to offer all of this without subscription, with users only paying when they actually trade or perform.

Kalin Metodiev, CFA, Co-Founder and Managing Partner at Nexo, says: “Nexo is pleased to enter into a strategic partnership with Mizar to support the development of intelligent trading tools and strategies. We believe the platform will allow even a novice crypto investor to trade with more confidence and explore new strategies, improving user experience during the continued mass adoption of digital assets.”

Francesco Ciuci, Co-Founder and CEO of Mizar, states: “Mizar is grateful for all quality supporters who invest in the Mizar vision. We are pleased to announce our partnership with Nexo as a lead investor to help us develop advanced yet easy-to-use smart trading tools. Mizar aims to solve the complexities of trading crypto and make it more accessible, and Nexo will play an active role in making that possible.”

What’s next for Mizar?

As Mizar continues to grow its product, the company plans to focus on strengthening its current core community and partnerships, while adding highly skilled talent to its team. Their mission is to make the Mizar platform accessible to all and achieve financial inclusion for all.



Previous

Free Fire India Ban: Singapore raises concerns about Sea’s Game ban

MWC 2022: Lenovo updates the ThinkPad range with the latest Intel and AMD processors

Next

Leave a Comment