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tuo
Information by Research TrustFinance
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.
United States
Industry
Crypto
Financial