Founded in 2017, Dharma is a blockchain and fintech startup based in the United States. The company prides itself with the slogan "The easiest, simplest way to invest in the growing world of DeFi, Web3, and NFTs." Dharma's platform facilitates borrowing and lending of cryptocurrencies globally, instantly, and securely, leveraging the Ethereum blockchain and smart contracts to enable peer-to-peer loans. Their approach is wholly non-custodial, promoting trust in math and cryptography rather than in an intermediary. Dharma's bold mission is to deliver radically transparent financial services that "can't be evil" to any internet-connected individual worldwide. The company has garnered substantial support, having secured a Series A investment in February 2021, with Protofund as the investor. Notably, Dharma's backing includes prominent names in the crypto and fintech realms such as YCombinator, Polychain Capital, Green Visor Capital, and Coinbase Ventures. This strong backing signifies confidence in Dharma's innovative approach to financial services and its potential impact on the evolving landscape of DeFi, Web3, and NFTs.
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