Company Information

Get to know tuo

Tuo was a financial technology company that operated in the decentralized finance (DeFi) space. Its primary product was a non-custodial smart wallet built on the Ethereum blockchain. The platform's mission was to simplify DeFi by allowing users to lend their crypto assets to earn interest or borrow against their holdings in an automated and efficient manner. It aggregated rates from various lending protocols, such as Compound and dYdX, to offer users competitive returns. The company was founded in 2019 but announced it was shutting down its services in February 2020, citing challenges with market conditions and long-term sustainability.

Industry

Crypto BrokerPRIMARY
Financial Other Service

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tuo

Name: tuo
Address: US

United States

Founded in

2020 (6 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)

Security Information :

Company hasn't provided information.

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.