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Woonkly Launches Defi.finance, First Decentralized Regulated AMM Exchange

Defi.finance complies with anti-money laundering and customer identification measures to attract institutional investors.

Tallinn, Estonia, June 24, 2021. Woonkly Lab, a venture builder specialized in blockchain, has just announced Defi.finance, the first decentralized exchange (Automated Market Maker) that targets large institutional clients thanks to the guarantee which offers to comply with the anti-laundering and customer identification regulations (AML-KYC) and under the cryptocurrency exchange license that Woonkly has in Estonia.

Defi.finance was announced yesterday at the 7th edition of the Global Blockchain Congress in Dubai, in which Woonkly was the main sponsor.

“The new way of exchanging cryptocurrencies is the so-called AMM, with providers like Uniswap that move billions a day. Woonkly Labs enters this great market with a new regulated product that follows the strictest protocols and with our Estonian license ”, explains its founder Daniel Santos.

“We are convinced that a regulated MMA will bring traditional investors closer to this new world. We are creating the new category of ‘Hybrid Finance’, a bridge between the world of Decentralized Finance (DeFi) and traditional finance”, says Santos.

Defi.finance is created under the umbrella of the cryptocurrency exchange license that Woonkly has in his country, Estonia. Defi.finance launches its preliminary version after a long development with a team of more than 35 people distributed between Estonia, Mexico and Spain. “We want to be one of the great players in the new world of Decentralized Finance”, says Spanish entrepreneur Daniel Santos.

About Woonkly Labs

Woonkly Labs is a “venture builder” based in Tallinn, Estonia. Defi.finance is its first project, and in the coming weeks, it will launch its Non-Fungible Tokens (NFT) market. Founded by Daniel Santos and with a team of more than 35 people (60 by the end of the year), Woonkly aspires to create the most promising blockchain startups.

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