Company Information

Get to know Reef Finance

Originally founded as Reef Finance with the goal of being a DeFi aggregator on the Polkadot ecosystem, the project has since evolved into its own independent Layer 1 blockchain known as Reef Chain. Built with Substrate, Reef aims to provide a fast, scalable, and low-cost platform to make Web3 accessible to a wider audience. The chain is EVM-compatible, allowing for the easy migration of dApps from Ethereum, and features on-chain governance, upgradability, and bridges to other networks. The company's mission is to be the go-to blockchain for developers launching applications in the DeFi, NFT, and gaming sectors.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service
Technology Software Trading Platform

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Reef Finance

United Kingdom

Founded in

2019 (7 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

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.