Rydeit.io is a digital asset management tool that aims to democratize access to opportunities in DeFi for traditional investors. It provides a platform for everyday people to engage in financial activities such as providing liquidity, borrowing, lending, insurance, and saving without the need for a middleman, such as a traditional bank. Due to the complexity of DeFi, Rydeit.io was created to assist both retail and professional investors in navigating this new wave of opportunity. As of May, 2021, Rydeit Digital Asset Management LLC has obtained registration as a Money Service Business (MSB) with the Financial Crimes Enforcement Network (FinCEN) of the United States of America. Currently, Rydeit manages just over $1 million USDT and has allocated these funds into 6 different DeFi protocols including Compound, Uniswap, Pancakeswap, Sushiswap, and Aave. The company is headquartered in Taiwan and was founded in 2021.
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