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MangoBanking Invests $75,000 in ETFex

The MangoBanking press center has published information about its intentions to invest the first $75,000 in the blockchain startup ETFex. The funds should be sent to the guarantee fund of the site until November 2022 and ensure the smooth operation of the tool.

ETFex is the first decentralized platform for the mass purchase and sale of assets. By analogy with ETFs on the stock market, ETFex makes it possible to invest stablecoins in hundreds of different assets, for example: Top-50 Binance SC tokens. The product is fully automated, all operations are carried out in the blockchain, and security and transparency are guaranteed by a smart contract.

The founder of the product is a 21-year-old “Elon Musk” – Kirill Sagitov. At his age, Kirill has extensive experience working with blockchain projects, and has also managed to participate in the development of dozens of startups. One of Kirill’s successful products was sold for $120,000.

Reputable media (such as Forbes) compare Kirill with Elon Musk and Mark Zuckerberg, and venture investors are ready to support his initiatives with hundreds of thousands of dollars.