Solvo is building a mobile app aimed at making cryptocurrency investing simpler and more accessible. The founders, Ayelen Denovitzer and Shailendra Sason, previously worked together on Revolut's crypto team. Solvo will let users buy and sell tokens, deposit and withdraw assets, and choose from a curated list of 10 cryptocurrencies to avoid token overload. The product includes Vaults that use staking and DeFi liquidity pools to generate yield (plans include Solana and Cardano Vaults) and Bundles that let users invest in multiple projects in a single transaction. The company can take a cut of earnings from Vaults as a revenue model. Since the seed raise, Solvo has assembled a team of 10 people and started work on an iOS app, with an app release planned for October.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2022