Aussie fintech to offer mainstream direct access to DeFi with a fixed rate By Cointelegraph

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© Reuters

Australian fintech company Block Earner has officially gone live, offering everyday investors a 7% fixed rate investment product by utilizing decentralized finance (DeFi) technology.

Block Earner has already attracted attention from big names in the crypto industry, finalizing a $6.4 million seed funding round in December last year. It was led by Framework Ventures and joined by Coinbase (NASDAQ:) Ventures, DeFi Alliance, LongHash Ventures and crypto veteran Kain Warwick, the founder of Synthetix, an Australia-based crypto derivatives exchange.