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HYPERITHM Invests in DeFi Platform LOCKON, Eyes Growth

2023-10-19 < 1 min read

HYPERITHM Invests in DeFi Platform LOCKON, Eyes Growth

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HYPERITHM has invested in the blockchain fintech company LOCKON. The amount is confidential. LOCKON operates as a DeFi protocol platform, analyzing transaction records on the blockchain to unearth and offer investment opportunities with low risk and high returns. It provides various services, including a decentralized lending platform and a decentralized exchange (DEX).

LOCKON identifies wallet addresses that generate consistent profits and offers index data based on the transaction histories of these wallets. Depending on users’ risk tolerance, it provides various index products, enabling them to generate profits through these means.

Kubota Masahiro, the CEO of LOCKON, commented on the current market situation, mentioning market instability and low profitability. He stated that LOCKON would support users in generating mid-to-long-term profits by offering portfolios with low risk and high returns through index data derived from on-chain analysis.

Lee Won-jun, the CEO of HYPERITHM, emphasized the necessity of DeFi platforms like LOCKON, explaining, “LOCKON provides information based on on-chain analysis, allowing users to trade using reliable information they can trust.” He continued, “By offering various index products, LOCKON enables investors to adjust their portfolios according to their risk tolerance,” expressing his expectations for growth.

[Korean Blockchain Startup News]


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