What is Laso Finance (LASO)?
In a time of growing oversight and monitoring, we need privacy at the point of spend. Today, we earn and store assets onchain. Ideally, we spend them at businesses that accept crypto. That group of businesses is growing, but still very small. Instead, we send assets to a bank-like entity (an exchange) and use a card they've issued. Or worse, sell those assets to USD, transfer to our bank account, and pay off a credit card. It’s not a better system. It’s fiat banking with extra steps. More importantly, we've lost a crucial part of the purpose for cryptocurrencies. The right to privacy.
How does Laso Finance work?
Instead, connect your wallet to Laso Finance, verify a nonce, and you're signed up. Then: Get prepaid cards to spend online, or in person with Apple Pay or Google Pay. Get gift cards at thousands of merchants. Send bank transfers to debit cards. All while maintaining privacy. Private spending is essential to the success of our industry. Our mission is to keep delivering that capability through our scalable and compliant structure.
