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
Recent funding
Seed
Oct 2023
$1M
Team
No current team members are available.