NAME -MOHD FAIZ KHAN

ENROLLMNET NO.-2022502064

CASE STUDY:
FINBOOK:DESIGNING A DECENTRALIZED MARKETPLACE FOR
STRUCTURED CRYPTO ASSETS

A financial technology (fintech) start-up, Finbook Pte. Ltd. (FinBook) was established in July
2017 in Singapore as a decentralised blockchain marketplace for structured products. With
the help of early funding of about US$200,000, the founders were able to use distributed
ledger technology and smart contracts to bring and integrate structured funds, short sells, and
financial options into the cryptocurrency market.

FinBook raised $3.5 million in Ethereum through the launch of a private cornerstone round of
token fundraising in May 2018. But in 2018, the bitcoin market crashed. The creators had to
decide what to do as a result: should they hold off on the public ICO scheduled for September
2018 or should they look into a different round of venture capital (VC) equity investment in
the interim?

The rise of decentralized finance (DeFi) has paved the way for new financial instruments and
assets in the crypto space. FinBook aims to create a decentralized marketplace for structured
crypto assets, allowing users to trade, create, and manage complex financial products on the
blockchain.

FinBook's decentralized marketplace for structured crypto assets aims to revolutionize the
way users engage with financial instruments in the crypto space. By focusing on
decentralization, user experience, and security, FinBook seeks to create a robust ecosystem
that empowers users to explore and participate in the emerging world of decentralized
finance. Ongoing community engagement and continuous improvement will be crucial for
FinBook's long-term success.