EQIFI and Sheesha Finance Partner to Increase DeFi Accessibility and Global Banking The partnership will set new requirements for decentralized finance, providing single uniform platform companies for lending, borrowing, and investing

United Arab Emirates, May 03, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) – EQIFI (https://eqifi.com) a decentralized protocol for pooled lending, borrowing, and investing for ERC-20 tokens, at the moment introduced a partnership with Sheesha Finance (https://sheesha.finance), the primary complete DeFi answer for buyers to simply entry quite a lot of tasks whereas fixing points surrounding locked crypto belongings. With a shared purpose of democratizing monetary merchandise, the partnership will enhance investor accessibility to varied tasks in Ethereum’s thriving DeFi ecosystem.

Despite the exponential development of DeFi and billions of {dollars} transacted day by day, the person expertise and contribution course of will be advanced and overwhelming for buyers on the lookout for intensive publicity. EQIFI is powered by EQIBank and customers could apply for EQIBank financial institution accounts, loans, custody, debit and bank cards, OTC, and wealth administration, whereas Sheesha Finance makes DeFi extra accessible to mainstream buyers by creating simply convertible belongings that can be utilized to achieve publicity to new and present tasks within the area.

“The partnership with Sheesha Finance is a new step in solidifying EQIFI as a major player in the DeFi space,” stated Jason Blick, Chairman of EQIFI (DeFi) Limited. “Since our launch earlier this month, we’ve seen unprecedented demand. Our team has been tirelessly working around the clock, answering emails and taking calls. Not only are we massively oversubscribed, but we have a considerable waiting list above our hard cap.”

“We are thrilled to partner with DeFi leader, EQIFI, to provide global accessibility to financial products and services,” stated Saeed Hareb Al Darmaki, founding father of Sheesha Finance. “Our roadmap includes partnering with the strongest projects to grow the DeFi ecosystem with integrity and transparency and we have found a strategic partner in EQIFI, who also supports that vision.”

“As DeFi projects and products mature, we hope to grow our partnership closer,” stated Brad Yasar, EQIFI CEO. “Sheesha Finance is increasing accessibility to new DeFi projects with its unique model. This vision aligns well with EQIFI’s goals and we are excited about this partnership.”

Exploding onto the DeFi scene in latest weeks, EQIFI is the primary DeFi protocol for ETH, ERC-20 tokens and choose fiat currencies, to companion with a totally licensed and controlled digital financial institution – EQIBank. By harnessing the ability of blockchain expertise and EQIBank’s community spanning 180 international locations and territories, EQIFI is positioned to turn out to be an trade world chief, serving to to democratize monetary merchandise beforehand solely accessible to the privileged few. 

Sheesha Finance is devoted to bringing full transparency and integrity to DeFi. Sheesha ensures its ecosystem individuals can absolutely profit by maximizing their publicity to varied DeFi tasks and rewards. Sheesha Finance is the primary DeFi mutual fund that rewards buyers of any measurement, from small to giant ticket holders, with limitless DeFi tokens from a diversified portfolio of tasks.

To be taught extra go to the EQIFI Telegram channel or Sheesha Finance Telegram channel.

About EQIFI Limited
EQIFI (https://eqifi.com/) is a decentralized protocol for pooled lending, borrowing, and investing for ETH, ERC-20 tokens together with wBTC, Stablecoins, and choose fiat currencies. It will present a single uniform platform for DeFi merchandise with entry* to financial institution accounts, custody, debit and bank cards, OTC, and wealth administration. EQIFI’s infrastructure is optimized for real-time digital interactions, inserting the venture on the forefront of embracing at the moment’s ever-demanding tradition that needs to embrace the evolution of digital applied sciences.

*Subject to standing

About EQIBank Limited
Since its launch in 2015, EQIBank (https://eqibank.com) is the world’s digital financial institution, providing quite a lot of financial institution accounts, bank cards, loans, conventional custody belongings, digital custody, multi-asset OTC and secure cash. EQIBank is the driving pressure behind EQIFi, created to additional improve its suite of distributed monetary companies.

About Sheesha Finance
Sheesha Finance (https://sheesha.finance/) is the one-stop-shop for DeFi tasks, much like a DeFi mutual fund. Sheesha goals to resolve locked cryptocurrency inaccessibility points in DeFi by creating simply convertible belongings that may be freely utilized to maximise participant rewards and achieve publicity to present and upcoming DeFi tasks.  After launch, Sheesha Finance plans to take care of market transparency and integrity by giving management to the native token holders via a Decentralized Autonomous Organization (DAO).

Media Contact: Transform Group, sheesha@transformgroup.com Sheesha Finance Company Contact: Benjamin Leff, COO, ben@sheesha.finance  EQIFI Company Contact: https://eqifi.com/contact/ 

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