KINTO

About KINTO

Kinto is a Layer 2 blockchain built on the Ethereum network, utilizing the OP Stack to provide secure and insured access to financial services. The platform is designed to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi) by offering a KYC-enabled, non-custodial environment. Kinto addresses key security concerns in DeFi by implementing robust risk management, insurance for all users, and AML/CFT compliance. This architecture ensures that every user is insured by default and every transaction is monitored, aiming to prevent hacks and illicit activities that have plagued the crypto space.

The company behind Kinto, Mamori Labs, was founded by Ramon Recuero. The project successfully raised $5 million in two funding rounds, with the latest round co-led by ParaFi and Kyber Capital Crypto, and included participation from other notable investors such as Spartan Group, SkyBridge, and The Kima Ventures. This capital is intended to support the mainnet launch and further development of the platform's infrastructure.

Kinto's business model revolves around creating a safe ecosystem for both individual and institutional investors to engage with DeFi protocols. By requiring all participants to undergo Know Your Customer (KYC) checks, Kinto aims to provide a compliant and transparent alternative to existing DeFi solutions. The network is governed by the community through the KINTO token, empowering users to participate in the decision-making process. The platform's features include native insurance, AML and fraud monitoring, and a focus on user safety, with the goal of onboarding the next billion users to DeFi by offering a secure on-chain financial system.