Company Information

Get to know FinNexus Ltd

FinNexus was a decentralized finance (DeFi) protocol built on multiple blockchains, including Ethereum and Wanchain. Its mission was to create an open finance hub by providing tools and protocols for users to create and trade a wide range of crypto-asset derivatives, with a particular focus on decentralized options. The project aimed to bridge the gap between centralized and decentralized financial systems. However, following significant security exploits and a strategic reassessment by the team, it was officially announced in April 2021 that the FinNexus Protocol for Options (FPO) would be terminated and gradually shut down.

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Crypto CryptocurrencyPRIMARY
Financial Other Service

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FinNexus Ltd

Name: FinNexus Ltd
Address: GB

United Kingdom

Founded in

2023 (3 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.