Company Information

Get to know Donut

Founded in 2018, Donut aimed to simplify access to the high-yield opportunities within DeFi for everyday savers and investors. The application allowed users to deposit US dollars, which were automatically converted to digital dollars (stablecoins like USDC) and then put to work in lending markets to generate returns. However, in late 2022, the company was severely impacted by the collapse of its primary lending partner, Genesis Global Capital. This forced Donut to pause all withdrawals and re-evaluate its business model. The company is currently focused on a recovery plan to return user assets and is not offering its yield-generating products to new users.

Industry

Financial InvestmentPRIMARY
Financial Other Service
Technology Software Development

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Donut

United States

Founded in

Dis 2018 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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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.

Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.