• The PancakeSwap Swap Bot expands PancakeSwap’s DeFi reach, reducing entry barriers and enhancing access.
• The Telegram bot allows trading 3,000+ tokens directly from Telegram.
• The bot ensures user security with end-to-end encryption and asset control.

PancakeSwap, a leading decentralized exchange (DEX) on the BNB Chain, has unveiled a Telegram Swap Bot to enhance accessibility. The Telegram Swap Bot will allow users to trade on PancakeSwap v2, v3, and stableswap from their Telegram app.

This bot will enable users to trade over 3,000 different tokens directly within the popular messaging platform, underscoring the growing integration of DeFi functionalities into everyday communication apps.

PancakeSwap taps into the vast Telegram user base

By embedding trading capabilities into Telegram, PancakeSwap is strategically tapping into a vast, tech-savvy user base familiar with the app, potentially lowering barriers to DeFi entry and expanding the reach of crypto trading to mainstream audiences.

While Telegram itself is primarily a messaging platform and not a dedicated financial application, PancakeSwap has incorporated measures to mitigate potential security risks. The bot leverages Telegram’s end-to-end encryption within its application programming interface (API), ensuring that users’ trading activities and personal data remain secure.

In addition, PancakeSwap has emphasized that users maintain control over their assets, similar to any interaction with a decentralized exchange.

According to a spokesperson for PancakeSwap, “Security is a top priority for PancakeSwap, and the Telegram Swap Bot is designed with this in mind. Users retain control over their funds just like any interaction with a decentralized exchange.”

Integration of financial tools into messaging apps

The introduction of this Telegram Swap Bot aligns with a broader trend of integrating financial tools into social and messaging apps.

Bitget CEO Gracy Chen recently highlighted the “symbiotic relationship” between Telegram, The Open Network (TON), and crypto trading, pointing to the app’s significant adoption in emerging market economies where crypto is increasingly popular.

By incorporating trading features into familiar platforms, DeFi services are more accessible, reducing entry barriers and promoting wider participation.

In addition to the Telegram Swap Bot, PancakeSwap recently advanced its portfolio management offerings. On October 30, the DEX integrated with DeFi protocol Bril Finance, enabling users to deposit tokens into single-asset vaults directly through the PancakeSwap interface. This integration features an innovative liquidity provision algorithm with automatic rebalancing, promising users higher risk-adjusted returns.

With these developments, PancakeSwap continues to position itself as a comprehensive DeFi hub, blending advanced portfolio management with seamless trading accessibility, further solidifying its presence in the decentralized finance landscape.

• Furahaa Group will list FURA tokens on the INX platform on November 20, 2024.
• FURA tokens offer fractional ownership in Furahaa, expanding investment access.
• The partnership with INX combines blockchain security with financial inclusion.

Furahaa Group, a French plant-based fast food and vegan product distribution company, is entering the tokenization market with an upcoming listing of its FURA tokens on the INX Digital Company platform, a regulated marketplace for trading digital securities and tokenized real-world assets.

Set to launch on November 20, 2024, at 12 PM GMT+2, this marks a significant expansion into the tokenization market, offering investors the chance to purchase fractional ownership in the company via blockchain technology.

Furahaa’s fractional ownership through FURA tokens

Founded in 2015 by Arthur Devillers, Furahaa Group has quickly become a leader in the fast-growing plant-based food sector. Each of its branches generates approximately €1.2 million annually, and its franchise model, including Furahaa Express, is expanding across Europe and the US.

With the vegan market projected to reach $40.3 billion by 2030, Furahaa’s competitive pricing and high margins position the company as a compelling investment opportunity.

The listing of FURA tokens on INX offers a unique chance for global investors to engage in the rapidly growing plant-based market.

As digital securities, the FURA tokens will provide fractional ownership, enabling broader access to Furahaa’s equity. Investors can trade these tokens on INX’s blockchain-enabled platform, benefiting from the flexibility and liquidity of a decentralized market.

FURA tokens will be issued on the Ethereum blockchain as ERC-1404 tokens and as a result, combine the security of established blockchain infrastructure with the convenience of being tradable outside traditional market hours.

Shy Datika, CEO of INX, expressed excitement over the partnership, highlighting that the FURA token aligns with INX’s mission to democratize finance by bringing real-world assets to the blockchain.

Furahaa’s partnership with INX exemplifies how blockchain technology can transform traditional markets and offer more inclusive investment opportunities.

Arthur Devillers, founder of Furahaa, emphasized the company’s commitment to sustainable growth and financial inclusion.

By listing on INX, Furahaa aims to give a broader community of investors access to its mission-driven business, combining financial return with positive environmental and social impact.

As Furahaa Group continues its global expansion, the launch of the FURA token signals a new chapter in bridging sustainable business with innovative investment solutions.