In December 2021, our company Earnity announced that it raised $15 million in a Series A funding round. BitNile, a diversified holding company and bitcoin mining company, led the round mentioned previously. BitNile owns a Bitcoin-producing data center wherein it offers services to clients in the telecom, automotive, industrial, aerospace, and multiple other industries. With this latest round, the company raised more than $20 million in 2021. This funding will further our goal, which is offering a broader range of people democratized access to various cryptocurrency assets.
Earnity is a decentralized finance (DeFi) firm that will soon launch a marketplace for tokens. Our innovative business model lets users collect, share, earn, and securely keep several tokens and various portfolios within a community-focused environment. Our company encourages universal access to crypto instruments, which aligns with the original idea for a decentralized and peer-to-peer-based community that’s open and transparent. We’re creating an intuitive and transparent financial marketplace by removing the complications to help people learn about and profit from crypto assets. Our company enables people to see through the hype and educate one another about crypto so that they can be informed and empowered.
Our cryptocurrency industry expert and serial entrepreneur, Domenic Carosa, founded Earnity with Dan Schatt to bring the benefits of DeFi to a broader audience. He and our team are a group of fintech veterans who believe in the power of the blockchain and are working hard to develop a new way to experience cryptocurrency assets.
As part of the joint business venture, Christopher Wu, VP of alternative investments at BitNile, will join our board. We look forward to the exciting future these two companies will create together, including planned NFTs and other products that will attract interest from a wide range of people and investors.
For more information about our exciting growth and efforts, visit www.earnity.com.