Monolith
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $16.7m | Late VC | |
Total Funding | $16.7m |
Recent News about Monolith
EditMonolith.xyz operates in the cryptocurrency and decentralized finance (DeFi) market, offering a comprehensive solution for managing and spending digital assets. The company provides a crypto wallet and a debit card that allows users to buy, store, and spend cryptocurrencies with zero transaction fees. Monolith's platform supports the purchase of DeFi tokens directly from the app, covering gas costs, and offers top-up card services with minimal fees. The business model revolves around facilitating seamless crypto transactions and exchanges, with revenue generated through a 1% community contribution fee on stable coin and TKN top-ups. Monolith serves individual crypto enthusiasts and investors, providing them with secure fund management and the best exchange rates across decentralized exchanges (DEXs) like Uniswap. The platform emphasizes security, ensuring users' funds are protected through robust security features.
Keywords: crypto wallet, debit card, zero fees, DeFi tokens, gas cost coverage, secure fund management, token exchange, DEX, Uniswap, community contribution.