Originally launched as InsurePal (IPL), the project aimed to create a decentralized insurance platform based on social proof. In late 2018, the company pivoted and rebranded to INLOCK. The new focus is on providing centralized financial (CeFi) services, primarily operating as a crypto-collateralized lending platform. Users can deposit various cryptocurrencies into the INLOCK platform to earn interest or use them as collateral to take out loans in stablecoins or fiat currency without selling their crypto assets.

Founded in

United States