LONDON, UK: AQRU plc (AQSE: AQRU), an incubator specialising in decentralised finance (DeFi), announced that its wholly owned subsidiary, Accru Finance Ltd., has surpassed US$50 million in assets under management (AUM) and 20,000 user signups on its proprietary yield-generating platform, AQRU.io, five months after the launch of the platform in December 2021.
This represents AUM growth on AQRU.io of over US$30 million in the 39 days since 1 April 2022.
AQRU.io is designed to offer investors in certain European jurisdictions and other international markets an easy and secure way to access and participate in the decentralised markets. The platform allows users to easily convert their fiat currency, such as EUR and GBP, into cryptocurrencies and invest their assets to generate attractive yields. Through AQRU.io, investors can leverage different protocols and investment solutions available on the platform to maximise their yields while reducing their exposure to risk.
Philip Blows, CEO of AQRU, commented: “With more than $50 million in assets under management and 20,000 signups in only five months, AQRU.io has demonstrated itself an attractive solution that enables investors to take advantage of the opportunities that DeFi has to offer. As decentralised finance grows, we expect AQRU.io will remain a favoured choice for retail investors, as well as an appealing and sought-after solution for institutional investors in Europe and other international markets too.”
AQRU is an incubator specialising in opportunities in decentralised finance (DeFi), a disruptive technology using blockchain and cryptocurrencies to remove financial intermediaries from transactions, creating a cheaper, more efficient and more secure way of providing financial services.
Listed on the Aquis Exchange in London, we apply our expertise to the business operations and strategic plans of FinTech companies in the UK, USA and Canada, and act as an accelerator for start-ups and early-stage companies. www.aqruplc.com