Depasify offers a platform that connects Web3 projects with essential resources and services, facilitating rapid access to tools necessary for development and scaling. This addresses the challenge of resource scarcity in the decentralized ecosystem, enabling projects to launch efficiently without delays.
Funding
$3.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GVJVFounders
Product
Problem
Web3 projects and traditional financial institutions face challenges in accessing and integrating with each other's financial systems. Web3 projects struggle with access to fiat capital and regulatory compliance, while traditional institutions find it difficult to build and manage digital asset-based products. This divide creates inefficiencies and barriers to entry for both sides.
Solution
Depasify provides a unified platform and API that bridges the gap between Web3 and traditional finance, offering a comprehensive suite of financial infrastructure solutions for digital assets. For Web3 startups, Depasify offers services such as fiat on/off ramps, payments gateways for stablecoins, and hybrid custody solutions. For banks, Depasify provides virtual accounts, crypto exchange capabilities, and portfolio management tools. The platform automates and reconciles business operations through a single integration, reducing time to market and operational expenses while ensuring compliance with VASP regulations.
Target Audience
Depasify targets Web3 startups seeking access to traditional financial services and traditional financial institutions looking to integrate digital assets into their offerings.
Features
- API-driven platform for seamless integration with existing systems
- Virtual accounts for banks to plug into their core-banking infrastructure
- Fiat to crypto exchange enabling crypto operations from existing platforms
- Portfolio management tools for building and managing structured products
- Reporting and compliance features to adhere to regulatory requirements
- Payments gateway for cross-border payments in stablecoins with same-day settlement
- Payroll solutions for paying employees in digital dollars
- Hybrid custody approach for onboarding new users
- On/off ramps for easy access to fiat capital
- KYC and AML screening