Trofi aims to provide solutions that no other platform currently provides a comprehensive wealth management crypto platform that will eventually evolve into a space where users can carry out all their crypto operations. Also, Trofi’s focus is on ensuring that their platform will be a safe haven for individuals with limited crypto knowledge so anyone and everyone can carry out crypto activities seamlessly.
Trofi’s emphasis will be on derivatives, and they will assist their customers in recreating their risk and reward profiles based on their risk preferences. Furthermore, through meticulous analysis, they will deliver risk management solutions to enable their users to understand their risk exposure, potential risk, and benefits.
“At this moment, there is a minimal range of products in the crypto markets compared to traditional banking. We aim to extend these products to the crypto market, and build a one-stop-shop where users can have access to all products,” said Trofi co-founder Andrew Lam, a savvy crypto investor and an experienced professional who previously worked at HSBC New York and Hong Kong as an Options Trader, managing FX options risk for the Bank.
An all-in-one financial services platform that is beyond a simple cryptocurrency exchange.
With Trofi, users may swap their crypto assets, collect daily interest, and lock them up for better interest rates. Users can earn up to 11% daily interest on stablecoins, which is one of the highest across platforms. Essentially, they will be able to borrow money against their crypto assets and get more significant returns with Trofi’s structured products.
Kurt Wong, Trofi’s co-founder who formerly worked for J.P. Morgan as an Investment Advisor and Derivatives Specialist handling ultra-high-net-worth customers, also established that Trofi would be introducing wealth management products that anybody can access in the crypto marketplace.
Trofi experts have noticed that most crypto users have minimal awareness of structured products and how to pick the right products to accommodate their risk appetite. In view of that, they have decided to make these products available to users while also educating them on all they need to know.
“Regarding security, Trofi will be providing enterprise-grade protection so that anyone can store their crypto assets safely on the platform. With the implementation of secure multi-party computation (MPC), which removes the single point of compromise, and the most advanced security measures, Trofi will offer a level of security that will be in a class of its own,” Wong further stated.
About Trofi
Trofi is a next-generation financial service startup and platform founded by Andrew Lam and Kurt Wong to serve as a one-stop shop for users to access crypto products and services.
Trofi is a financial institution in the United States of America and is registered as a Money Services Business (MSB). Trofi adheres to all Know Your Client (KYC) and Anti-Money Laundering (AML) laws. Trofi also collaborates with top-tier third-party service providers employed by some of the world’s most well-known startups and businesses.
Trofi offers cutting-edge, industry-leading products and services alongside the best possible user experience. For more information on Trofi, go to https://trofi.group/.
For interview requests, please contact:
Kurt Wong
Email: pr@trofi.group
Website: https://trofi.group/