‘Glue Hub’ Launches to Make DeFi Accessible to Everyone
June 19 2024 - 1:16PM
Glue, a leading user-focused blockchain security ecosystem, is
proud to announce the launch of
The Glue Hub. This
innovative all-in-one web-based application hub serves as a central
platform for managing cryptocurrency assets, accessing investment
analytics, trading cryptocurrencies, and utilizing a wide range of
decentralized finance applications.
The Glue Hub is designed to offer real-time
market data and analytics, akin to the renowned Bloomberg Terminal,
empowering users to make informed decisions about their
cryptocurrency investments. Unlike centralized exchanges such as
Coinbase or Binance, all transactions on The Glue Hub are conducted
on the blockchain, ensuring that users’ funds are securely stored
in their individual wallets rather than being held by Glue.
“In light of the challenges faced by exchanges
like Celsius and FTX, we recognized the need for a platform that
provides the ease of use of a centralized exchange while ensuring
users maintain control and security over their funds,” said
Ogle, co-founder of Glue.
The initial release includes the following key features:
- Real-time price updates for thousands
of cryptocurrencies
- Market capitalization data
- Trading volume information
- Historical price charts and data
- Information on circulating and
total supply of coins
In the coming months, The Glue Hub will be enhanced with
additional functionalities such as account and portfolio
management, crypto asset transfers and trading, interest-earning
opportunities, and access to an extensive database of
cryptocurrency information.
“Our mission with The Glue Hub was to create a platform that
combines ease of use, advanced security, and practical
functionality. By eliminating the technical barriers, we enable all
users to engage confidently in the crypto market,” added Ogle.
About Glue
Founded in Switzerland, Glue is a blockchain ecosystem aimed at
democratizing decentralized finance (DeFi) by making it more
accessible to everyone. Designed with an emphasis on security,
adaptability, and user-friendliness, Glue features a primary Layer
1 blockchain, three supplementary Layer 2 solutions, an application
hub, and an innovative service layer for enhanced
functionality.
Glue's mission is to facilitate the adoption of blockchain
technology by offering a user-friendly ecosystem similar to
centralized exchanges and online banking. To protect users' assets,
Glue employs multiple security measures, including two-factor
authentication tailored for cryptocurrency, regular audits, and a
dedicated Security Fund to facilitate recoveries of stolen
assets.
Co-founded by crypto security expert Ogle and former ad-tech
executive SnapShot, Glue benefits from over three decades of
combined experience in successful tech ventures. In March, Glue
secured $2.6 million USD in crowdfunding from Fjord Foundry,
bringing its valuation to an estimated $1.4 billion USD and total
equity funding to approximately $5 million USD.
For more information on Glue, visit its website. You can access
Glue’s official whitepaper here.
Media Contact: Andrew
Rossow | AR Media Consulting
E: andrew@armediaconsult.com |
P: +1 (737) 757-6615 | Message on
Telegram
As we pride ourselves in quick, timely responses, we ask that
you please cc Cassie Bilyeu
(cassie@armediaconsult.com)
into all email communications.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ea0a948a-1a8a-4260-b69b-765e63e57b2c