What are its key features?

XY Finance, a Taiwan-based cryptocurrency startup founded by 2021 Gen.T honouree Wilson Huang, has unveiled a new token delivery tool.

The company announced the launch of the XY Dispatcher on May 3, which lets users to airdrop or send tokens in batches faster and more easily. The tool supports numerous chains including Ethereum, Polygon, Cronos and BNB.

Huang started XY Finance in 2021 to enable investors to transfer cross-chain crypto assets such as tokens and NFTs (non-fungible tokens). The company raised US$12 million in funding last December from investors including Circle Internet Financial, Yield Guild Games Ventures and Animoca Brands. Soon after that, it conducted its initial decentralised exchange offering (IDO), debuting its coin on token auction platform, Copper Launch.

In 2019, Huang also founded Steaker, a digital asset management platform that allows individuals and institutional investors to invest in notable decentralised finance (DeFi) projects. It currently manages more than US$50 million worth of assets.


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