DeversiFi
DeversiFi, now operating as Rhino.fi, is a cross-chain liquidity layer for stablecoins that provides infrastructure for decentralized cryptocurrency exchange and stablecoin onboarding. The platform enables automated trading of cryptocurrencies and tokens using funds held in secure personal wallets or smart contracts, with features including price monitoring, trading volume analysis, algorithmic trading design, and…
Funding snapshot
About
DeversiFi, now operating as Rhino.fi, is a cross-chain liquidity layer for stablecoins that provides infrastructure for decentralized cryptocurrency exchange and stablecoin onboarding. The platform enables automated trading of cryptocurrencies and tokens using funds held in secure personal wallets or smart contracts, with features including price monitoring, trading volume analysis, algorithmic trading design, and automated execution. Rhino.fi processes stablecoin volume globally, having handled over $15 billion in transactions with a 99.99 percent route success rate across more than 20 blockchain networks. The platform offers universal deposit addresses that settle in under 10 seconds, smart deposit addresses accepting stablecoins from any chain, automated on-chain actions, stablecoin routing and settlement, a payments widget, and built-in compliance with 100 percent KYT screening on every transfer. The platform serves neobanks, card issuers, remittance services, merchant payment systems, payroll platforms, embedded wallets, perpetual DEXs, yield platforms, and RWA platforms. Clients include Wirex, Tether, Paradex, and GRVT. Founded in 2019 and headquartered in London, the company has raised $5.45 million in Series A funding from investors including DeFiance Capital, Lightspeed Venture Partners, Fenbushi Capital, StarkWare, and ParaFi.
Business model
Cryptocurrencies > Financial Services > Investment Industry > Crypto Exchanges > Decentralized Exchanges
Founders & team highlights
Founder with Prior Funding,
Serial Founder
Team background
College Wise > University of Cambridge
Institutional investors
Backed by funds in our directory
Latest coverage
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