ARYZE raises DKK 5.8 million in a late seed round to launch Digital Cash, a Full-Reserve Stablecoin.
Summary
As part of its journey to fundamentally transform the way payments are made, ARYZE has just raised DKK 5.8 million in a hybrid 1 to 5 equity / STO token issuance. Notably, the successful closure with the KEYSTONES network has shown that investors are more ready than ever to embrace investments involving tokenization of assets and cash flows the transformation which fundamentally will revolutionize the way we manage, handle and access everything from financial services and products to investment.The funds will be used to launch the RYZE token on carefully selected exchanges during the next months. Additionally, the funds will also be used to take a big step forward in the strategic acquisition of banks assets to integrate effortlessly with the traditional banking world and issue proxy USD and other stablecoins with regulated DeFi extensions. With the successful completion of the funding round, ARYZE can, among others, launch its first product offering, Digital Cash, an exchange-traded stablecoin backed by assets issued by central banks.ARYZE is on its way to becoming an established global payment solution provider and creating a new financial ecosystem that tackles complex issues such as financial exclusion.What our investors say :ARYZE has the potential to become the new Amazon of payments. I strongly believe in the project of building a bridge between the old traditional finance world and the new digitalized world by creating a full reserve cloud regulated digital bank combined with blockchain technology.I am very interested in sustainability and impact investments, particularly within fintech.