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Stock impact report

Moto Finance Inc. Raises $1.8 Million in Pre-Seed Funding from Cyber Fund and Eterna Capital to Develop Blockchain-Powered Savings Account and Credit Card Platform [Yahoo! Finance]

Visa Inc. (V) 
Last visa inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.visa.com
Company Research Source: Yahoo! Finance
The funding will support product development, regulatory infrastructure, and the initial rollout of Moto's blockchain-powered financial platform designed for individuals seeking modern approaches to saving, spending, and wealth management. Moto was founded by Shimon Newman and Ramses Kamanda, who previously worked at Squads, the largest protocol by value secured on Solana. The pair left Squads to build Moto with the goal of bringing decentralized finance infrastructure into a compliant, consumer-friendly financial product. Moto is developing what it describes as the first credit card and savings account system powered by blockchain technology, integrating traditional consumer finance features with decentralized finance (DeFi) infrastructure. The company's platform is designed to allow users to earn interest on deposits and receive cashback rewards, with yields generated through insured and stable mechanisms supported by decentralized finance protocol. “Moto's mission is to redef Show less Read more
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