Company Information

Get to know digital mobile money

The DMM (Digital Mobile Money) Foundation launched a decentralized protocol and a Decentralized Autonomous Organization (DAO) to connect real-world, interest-generating assets with the Ethereum blockchain. Its primary service was to allow users to deposit stablecoins (like DAI, USDC, USDT) into smart contracts to earn a consistent interest rate, backed by tokenized real-world assets. The ecosystem was governed by holders of the DMM Governance Token (DMG). The project gained initial traction but suffered a major security exploit in 2021, leading to the loss of millions in user funds and the subsequent abandonment of the project.

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Crypto CryptocurrencyPRIMARY
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digital mobile money

Name: digital mobile money
Address: AU

Australia

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

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.