Company Information

Get to know pendulum

Pendulum is a smart contract blockchain built on the Polkadot Substrate framework, operating as a parachain. Its primary mission is to establish a critical link between the fiat-based traditional financial system and the emerging world of DeFi. It aims to achieve this by creating an optimized environment for fiat-backed stablecoins, allowing traditional financial services like foreign exchange (forex) to be seamlessly integrated with DeFi applications. The project was initially developed by SatoshiPay and is designed to provide developers with the tools to build applications that leverage the benefits of both financial worlds, such as automated market makers (AMMs) for forex markets.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service

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pendulum

Mexico

Founded in

1999 (27 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/40

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--/60

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.