A project based on the Decentralized Finance protocol dedicated to amalgamating traditional finance with crypto assets, PHIToken, was recently present at one of the most significant events related to blockchain, technology, and businesses surrounding cryptocurrencies and Defi.
The event was held in Malta back in the month of November and witnessed a number of emerging technologies and businesses along with the great minds behind them and served as a ground for all the developers, creators, and businessmen to meet and discuss.
DIAMAN Partners LTD, the company backing the PHIToken, created the token with an intention to build the first-ever platform that will allow hybrid investments in all assets and vehicles. The major aim of the company was to establish a platform that is completely digitalized and which is easier to manage all the savings and investments.
Talking further about the services provided by the platform, customers are provided with an option to choose from quantitative and qualitative asset managers that too assisted with human support to manage all their behaviors.
DIAMAN Partners Backing PHIToken Manages Risk Associated With Trading
In addition to this, it should be noted that the risk management factor involved with the platform is handled and managed by the DIAMAN Partners itself, and will be acting as a supervisor for all the selections of the asset managers.
Moreover, the asset managers associated with the platform will be having the potential and authority to invest in different asset classes such as equities, bonds, ETFs, and funds along with investing in AIF, Hedge Funds, and products related to crypto.
We should also be aware of the fact that the onboarding process is completely digitalized through a Patented Risk Assessment questionnaire in gamification. Discussing further the supplies and availability of the PHIToken, there are a total of 13,578,190.27 tokens, and the number of tokens in circulation is 5,828,254 at the time of writing this article.