Locked.Money Raises Over $1.1 Million for Trustless Digital Asset Management Solution
Locked.Money, a disruptive blockchain startup, recently announced that it has secured over $1.1 million in seed and private rounds from its community for its innovative trustless Digital asset management solution. By leveraging cutting-edge trustless vaults, Locked.Money aims to provide crypto investors with a secure way to manage their Digital assets effectively.
Addressing the Growing Need for Improved Custody and Asset Management
With the Decentralized finance (DeFi) sector witnessing substantial Growth, with approximately $100 billion in total value locked (TVL) across various protocols, there is an increasing demand for enhanced custody and asset management Solutions for users. The complexities associated with regulations, Tax implications, and Security risks often hinder crypto investors from maximizing their Digital Wealth potential.
Locked.Money aims to bridge this gap by offering a unique solution that combines the Security of cold storage with the benefits of traditional financial services. By providing a secure, Tax-efficient, and user-friendly platform, Locked.Money caters to the evolving needs of crypto investors in the current landscape.
Key Features of Locked.Money's Trustless Vaults
One of the standout features of Locked.Money's platform is its trustless vaults, which eliminate the need for intermediaries or middlemen. Users have complete control over their assets and can trade through Locked.Money vaults without personally realizing gains, making it an attractive option for investors seeking maximum control and Security.
Moreover, Locked.Money operates in a zero-Tax jurisdiction, offering users the benefit of not being subject to capital gains taxes. Additionally, users can leverage additional Tax deductions based on individual circumstances, further enhancing the platform's appeal for savvy investors.
Enhanced Security and Legal Protection
Locked.Money prioritizes Security and transparency, offering users a multi-signature solution that allows for customized vaults with varying levels of access and control. This multi-tiered approach ensures that users can tailor their Security settings according to their preferences, thereby enhancing overall asset protection.
Furthermore, Locked.Money provides robust Legal structures that shield users' assets from potential lawsuits, making it an ideal choice for individuals in high-risk professions. These Legal frameworks, traditionally used by high-net-worth individuals, are now accessible to everyday crypto investors through Locked.Money's platform.
The Role of the LMY Token and Leadership Team
At the core of Locked.Money's ecosystem is the LMY Token, which serves as the backbone of the platform, enabling Staking and other utility functions. The platform is backed by a seasoned leadership team with extensive Experience in traditional finance, Digital assets, engineering, and compliance, ensuring a high level of expertise and professionalism.
One notable aspect of Locked.Money is the support and guidance from acclaimed industry experts and advisors, including influencers like Brian D. Evans and tokenomics expert Mark Mhilli. The platform's Security has been rigorously audited by Peckshield, a reputable Security audit firm, further underscoring its commitment to user safety.
Future Outlook and Global Expansion
Gediminas Butkus, CEO of Locked.Money, expressed optimism about the future prospects of the platform and the positive reception from the crypto community. With a clear focus on addressing the challenges faced by crypto investors, Locked.Money aims to expand its reach globally and provide a holistic solution that caters to the diverse needs of users in the Digital asset space.
As the Digital asset management sector evolves and user demands continue to grow, Locked.Money is well-positioned to emerge as a trusted leader in the industry, offering a comprehensive suite of services that prioritize Security, transparency, and user empowerment.
About Locked.Money
Locked.Money is a pioneering trustless Digital asset management platform that combines the best of both custodial and non-custodial Solutions. By empowering users with full control over their assets while providing essential Legal frameworks, Tax benefits, and asset protection, Locked.Money sets a new standard in the Digital asset management space. With a strong emphasis on Security, Tax efficiency, and user-friendly features, Locked.Money is poised to revolutionize the way crypto investors manage their Wealth.
For the latest news and updates in the Digital asset management sector, stay tuned for more insights and developments from Locked.Money.
