J-KISS financing · Fintech
DeltaForesight issues J-KISS warrants for JPY DeFi development
The startup is building an on-chain borrowing protocol that would let users borrow a yen-targeted token against crypto collateral.
A yen-targeted asset backed by crypto collateral
DeltaForesight's planned JPY DeFi protocol would let users deposit crypto assets or stablecoins as collateral to borrow JPYdf, a crypto asset designed to target the yen's value. The system remains in development ahead of a planned mainnet launch, with legal and security arrangements under review. The company says JPYdf is not a yen-denominated claim and its target value is not guaranteed.
Funding history
J-KISS financing · This roundUndisclosed