ZaynFi Expands to Grassroots Network, Opening Grassroots Access to 2 Billion Global Muslim Market, Business News
ZaynFi, the Decentralized Finance (DeFi) stablecoin yield platform for the global Muslim market, announces its strategic expansion to Coinbase’s Base network.
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ZaynFi, the Decentralized Finance (DeFi) stablecoin yield platform for the global Muslim market, announces its strategic expansion to Coinbase’s Base network. The expansion of the Base Network is in line with ZaynFi’s mission to simplify DeFi yield generation for the next billion users. Through its new Quick Vault feature launched alongside the Base extension, ZaynFi now offers single asset earning, active strategies and a hassle-free stablecoin yield farming experience.
In early 2023, ZaynFi closed a pre-seed funding round from prominent investors including 500 Global and UK-based Cur8 Capital, Islamic Finance Guru, strengthening its role in building the protocol layer for Shariah-compliant DeFi worldwide.
ZaynFi is preparing a seed funding round with several strategic investors aligned with the vision of offering Sharia-compliant DeFi products to the 2 billion Muslim global market.
Syakir Hashim, Principal at ZaynFi, comments on the company’s progress: “We were attracted by the remarkable growth of Coinbase’s Base network, with the Total Value Locked (TVL) on the network increasing significantly to around $300 million in a matter of months. “The launch will take place in August this year. ZaynFi’s expansion into the Base Network allows Sharia-conscious investors the opportunity to participate in the excitement and growth taking place on the Base Network. We are committed to making DeFi accessible to sharia-conscious investors worldwide.”
This expansion underlines ZaynFi’s commitment to innovation and inclusivity in the decentralized finance sector and offers Sharia-compliant DeFi solutions.
For more information about ZaynFi and its solutions, visit https://zayn.fi
Contact information:
Name: Syakir Hashim
Email: Send email
Organization: Zayn Tech Pte. GmbH.
Website: https://zayn.fi/
Release ID: 89113566
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