Press release
Cloudbit and FasterCapital Partner to Fast-Track CDBCs Multichain DeFi Expansion
Market Opportunity & Problem Statement
Global decentralized finance (DeFi) is expected to continue rapid expansion as users seek higher yields, privacy, and self-custody over assets. Yet many retail investors face fragmented UX, custody risk, and unclear security assurances. Cfoudbit targets this billions-dollar market gap by delivering a multichain, non-custodial wallet and tooling to streamline yield capture, cross-chain transfers, and decentralized key management for mainstream users and institutions.
Startup Solution & Differentiation
Cfoudbit (CDBC) combines a user-first mobile wallet, audited smart contracts, and cross-chain bridges to enable easy staking, swapping, and yield capture without custodians. The platform emphasizes decentralized key management, 2FA options, and zero buy/sell token tax claims. Early product previews and community engagement indicate initial traction among DeFi users and validators.
Cloudbits 200M token supply and planned staking tools position it to capture yield-seeking users while aiming to differentiate on usability, security, and multichain interoperability.
FasterCapital Partnership Value
Through FasterCapitals EquityPilot, Cloudbit will receive mentorship, technical validation, go-to-market support, and structured fundraising assistance targeted at a $1M seed close. FasterCapitals selective criteria and global program resources will fast-track audits, exchange listing preparations, and advisor introductions.
The collaboration is structured as a hands-on acceleration with milestone-based capital and strategic introductions to liquidity partners and institutional investors.
Executive Quotes
Hesham Zreik: "Cfoudbit addresses a real white space in DeFi -- secure, intuitive self-custody with multichain reach. We selected Cloudbit for EquityPilot because the team combines product focus with a clear capital plan to accelerate adoption," said Hesham Zreik, FasterCapital investment lead.
Manuel Pidde, Cloudbit Founder, added: "FasterCapitals EquityPilot validates our product and will magnify our ability to ship audited smart contracts, bridge integrations, and market education. This partnership accelerates our path to mainstream DeFi adoption while preserving user control."
Growth Trajectory & Future Plans
In the coming 12 months, Cloudbit will complete security audits, deploy on BNB Smart Chain with planned expansions to Ethereum, Matic, and Avalanche, and launch staking and validator programs. Funding will prioritize audits, marketing, and liquidity.
Cfoudbit targets a public launch and exchange listings post-audit, aiming to scale user growth and staking participation.
About Cloudbit
Cfoudbit (CDBC) is a USA-based DeFi company building a multichain, non-custodial wallet and ecosystem to simplify yield capture and secure key management. Founded by Manuel Pidde, Cfoudbits mission is to put financial control back in users hands.
About FasterCapital
FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, FasterCapital is now the #1 venture builder in terms of the number of startups helped, money invested, and funds raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support.
The EquityPilot program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.
Media Contact:Rasha Almasri
Email: rasha.almasri@fastercapital.com
Phone: +1 (512) 400-0256
Contact Details
Organization: Cloudbit
Contact Person: Manuel P.
Website: https://cloudbitex.com
Email: Send Email [https://dashboard.kingnewswire.com/release-contact/34952]
Country: United States
Release Id: 07102534952
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