Monitok is a hybrid cryptocurrency exchange that blends centralized and decentralized exchanges for a secure, user-friendly trading experience. The platform was inspired by the FTX crash and aims to provide self-custodial wallet support, access to over 100 decentralized exchanges, and smart contract-based bridging.
Monitok is fully compliant with EU regulations and will soon be ready for the upcoming Markets in Crypto-Assets (MiCA) regulations. Monitok recently secured EU and USA licenses and raised significant investments, including an EU grant of €102K. The platform’s native token, $MONY, will provide various benefits and utilities to users, such as reduced trading fees and access to premium features.
With a market opportunity of $4.13B, Monitok plans to capture market share through tailored strategies and global expansion efforts. Their vision is to create a “DeFi aggregator of aggregators” with a focus on enhancing web3 and financial features while maintaining simplicity and usability.
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