Bitkub Ventures invests in yield farming platform KillSwitch to strengthen Bitkub Chain’s ecosystem

“The decision to invest in the KillSwitch project stems from the fact that it is a yield aggregator platform that can make it easier for people to use DeFi with KillSwitch’s various features. It is also one of the few developed by a talented Thai team and industry experts like Khun Chanon’s team. The platform has been developed and scaled on a global scale and is also the only platform with a stop-loss feature in the world. Bitkub Ventures believes this investment will create synergies for the Bitkub chain,” said Ms. Naowarat Thammasuaydee, CEO of Bitkub Ventures.

“We have a common idea that while KillSwitch is almost 100% defi, I see that unless we have a real-world use case, it will not be sustainable. We have the same strategic approach and the same mission. I believe this joint investment will allow Bitkub Chain and Rei Chain to grow to the next level. I want these two chains to be considered sister chains that can act as a bridge between the two chains,” said KillSwitch CEO Chanon Yaklai.

“This collaboration will strengthen Bitkub Chain’s ecosystem and I believe KillSwitch will bring many conveniences and improve security to all yield farmers on Bitkub Chain,” said Mr. Passakorn Pannok, CEO of Bitkub Blockchain Technology.

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