Company Information

Get to know Onomy Protocol

Onomy Protocol is a layer-1 blockchain ecosystem built using the Cosmos SDK, designed to power a decentralized financial system for Forex and crypto. Its core products include the Onomy Network (a Proof-of-Stake blockchain), the Onomy Exchange (ONEX) which is a hybrid orderbook and AMM decentralized exchange, a non-custodial wallet called Onomy Access, and the Arc Bridge Hub to facilitate cross-chain interoperability. The project's mission is to onboard the multi-trillion dollar Forex market into DeFi through its suite of products, including its own stablecoins (called Denoms) pegged to major world currencies.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service

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Onomy Protocol

United States

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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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.