AQRU PLC (AQSE:AQRU), the decentralised finance specialist (DeFi), said it had passed US$50mln in assets under management and 20,000 user signups on its AQRU.io, platform five months after its launch in December 2021.
Asset under management growth on AQRU.io has been more than US$30mln in the 39 days since 1 April 2022 alone, it added.
Philip Blows, chief executive, said: "With more than $50mln in assets under management and 20,000 signups in only five months, AQRU.io has demonstrated itself an attractive solution that enables investors to take advantage of the opportunities that DeFi has to offer.
“As decentralised finance grows, we expect AQRU.io will remain a favoured choice for retail investors, as well as an appealing and sought-after solution for institutional investors in Europe and other international markets too."
AQRU.io offer investors a way to participate in the decentralised markets through the conversion of their fiat currency, eg euros and sterling, into cryptocurrencies.