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Lock On

Dubai, United Arab Emirates

Overview

LOCKON provides a DeFi platform that uses on-chain analysis to select wallet addresses that have secured mid-to-long-term profits and constructs INDEX products based on those addresses. The protocol is non-custodial: user assets and orders are managed by smart contracts so third parties cannot move assets or place orders. LOCKON aims to deliver stable portfolios and on-chain-analysis-based long-term returns for users. The company announced a seed raise of about ¥120M and plans to deploy the funds for product development and to strengthen hiring and organizational capabilities. LOCKON was founded in April 2022 and earlier this year won the XLIMIT AWARD at Global Brain’s XLIMIT accelerator demo day.

Total raised
$1M
Funding rounds
1
Latest round
Seed
Latest activity
Oct 2023

Industries

  • Cryptocurrency
  • Finance
  • FinTech
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Recent funding

  1. Seed

    Oct 2023

    $1M

Team

No current team members are available.