Crypto asset synthesis platform Noahswap receives $3 million investment from Coinstore Labs

Odaily News Noahswap, a crypto asset synthesis and risk hedging platform, announced that it has received US$3 million in financing from Coinstore Labs, a blockchain innovation laboratory owned by Coinstore. It is reported that the core mechanism of Noahswap is synthetic asset casting, which is designed to hedge the risk of loss by allowing investors to pledge non-performing crypto assets. Investors can reallocate distressed assets into more valuable digital assets to protect and add value to their portfolios. (Digital Journal)