Motivation

The DeFi space is growing astronomically. We won't be wrong if we call it the front page of crypto. It's the juicy APR’s, high yields, airdrops, and gigantic returns that attract people. And this greed/hunger is fulfilled by highly sophisticated investment products like vaults, liquidity pools, yield farms, etc. All these products serve as a great tool for people who have experience in crypto/trading and know the underlying risks like impermanent loss/liquidation.

We realised that there are no investment products made for people who want slightly less risk or want to invest passively. We believe the next billion on crypto are going to be onboarded from traditional finance platforms like Revolut, Robinhood, Zerodha, etc. and their first instinct will be to look for an ETF kind of a product that gives them one-click exposure to the top ecosystems in the crypto space. We were shocked when we realised that there was no such product except for Indexcoop which gives you very specific thematic exposure.

We decided to solve this problem and started building FURO capital. It is an investment platform that offers customised baskets for the crypto space. The basket ranges from simple market-weighted crypto baskets to quant-managed thematic baskets. The current process of investing in crypto has a very high barrier to entry. A single user might have to create multiple wallets and might be using multiple exchanges for placing orders. So, we take care of this problem too by seamlessly integrating with exchanges like mango market and Binance/FTX