Kinto

Kinto Launches as a Layer 2 in Arbitrum Ecosystem

Retrieved on: 
Tuesday, November 21, 2023
KYC/AML, TVL, Negotiation, Risk, Ecosystem, Veteran, KYC, News, Friction, Cryptocurrency, Kinto, Growth, Decentralized finance, Ethereum

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Today Kinto, an Ethereum Layer 2 (L2) rollup designed to accelerate the transition to an on-chain financial system, announced its migration to the Arbitrum ecosystem leveraging the Arbitrum Nitro technology stack. Built by veterans in the DeFi industry, Kinto boasts stringent regulatory and compliance requirements, as well as an improved user experience built to bridge the gap between industry players in traditional finance and decentralized ecosystems.

Key Points: 
  • Kinto features permissionless KYC/AML and native account abstraction to solve the two biggest blockers to mainstream adoption - compliance and user experience.
  • Given Kinto's focus on security and maturity, partnering with the most advanced roll-up technology stack was a significant driver in transitioning to Arbitrum.
  • Arbitrum is a community-driven ecosystem with thousands of projects being built by crypto-natives and we are excited to add Kinto into that discussion.
  • Anuja Khatri, Head of Growth at Arbitrum Foundation added, "With Kinto launching on Arbitrum, the ecosystem is adding another pioneer in the DeFi space, playing a critical role in bridging decentralized finance and traditional financial institutions.

Kinto Raises $5 Million to Launch First KYC'd Layer 2 Blockchain for Financial Institutions and Decentralized Protocols

Retrieved on: 
Wednesday, November 15, 2023
Crypto, Partner (business rank), OFAC, Entrepreneurship, Privacy, Tane, KYC, Skybridge, Environment, Modularity, Cryptocurrency, Kinto, Ethereum

ORLANDO, Fla., Nov. 15, 2023 /PRNewswire/ -- Kinto, the first KYC'ed Layer 2 blockchain capable of supporting both financial institutions and decentralized protocols, announced today it has raised $5 million in two funding rounds to power its future as a secure and compliant network for financial apps on Ethereum.

Key Points: 
  • Of the $5 million, $1.5 million came from a pre-seed round led by Kyber Capital Crypto, a SALT family venture fund.
  • Finally, Kinto offers developer incentives that make it the perfect place to launch new applications.
  • "With built-in insurance, KYC, and fraud monitoring, Kinto provides the ideal environment for finance to thrive," said Ramon Recuero, CEO and Co-founder of Kinto.
  • "Traditional finance users and institutions can finally access the wealth of liquidity available in the Ethereum ecosystem in a fully compliant and vetted environment."

Helbiz Extends Reach with MaaS Platforms, Kinto Go (Toyota) Latest Integration

Retrieved on: 
Wednesday, August 17, 2022
Technology, Mobile, Wireless, Transportation, Robotics, Travel, Wearables, Mobile Technology, Other Transport, Alternative Vehicles, Fuels, Automotive, Transport, Software, Hardware, Consumer Electronics, Satellite, Kinto, Google Maps, City, Toyota Group, Telepass, Artificial intelligence, Adoption, Mobility as a service, Mobile phone, Helbiz

Helbiz has added a new MaaS platform and is deepening their commitment to working with the right partners to extend the reach of the mobility services.

Key Points: 
  • Helbiz has added a new MaaS platform and is deepening their commitment to working with the right partners to extend the reach of the mobility services.
  • The newest partner is Kinto Go, a multimodal aggregator of mobility services, Toyota Group's third global brand dedicated to simple, inclusive and sustainable mobility.
  • Born in Japan in 2019, Kinto has expanded in Europe in 2020 and arrived in Italy in 2021 with the app Kinto Go.
  • Today, the MaaS platform counts 500 mobility operators, including Helbiz, as partners that offer services in more than 5000 municipalities reaching a coverage of 70% of Italy.

KINTO and Greater Than expand their collaboration in Japan

Retrieved on: 
Thursday, June 3, 2021
Companies, Engines, Economy of Japan, Culture of Georgia, Kinto, Toyota

STOCKHOLM, June 3, 2021 /PRNewswire/ -- KINTO, the leading new mobility initiative by Toyota and the insurtech Greater Than today announce that they will deepen its collaboration around solutions that will enhance the KINTO customer experience.

Key Points: 
  • STOCKHOLM, June 3, 2021 /PRNewswire/ -- KINTO, the leading new mobility initiative by Toyota and the insurtech Greater Than today announce that they will deepen its collaboration around solutions that will enhance the KINTO customer experience.
  • Toyota KINTO aims to give people the freedom to move, whenever they want, wherever they are, with a solution that is smart, easy to use and kind to the environment.
  • With the shared vision of providing flexible, customer-oriented and sustainable mobility services, Greater Than and KINTO have deepened their collaboration.
  • Greater Than will now further develop and provide transparent, easy-to-understand and user-friendly solutions for KINTO in Japan.