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Formation Finance LLC

United States

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

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Recommended

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Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Company Information

Get to know Formation Finance LLC

Company Information

Get to know Formation Finance LLC

Formation Fi was launched as a DeFi project with the mission to simplify the complex world of yield farming for users. It introduced a concept called "Risk Parity Smart Farming 2.0," which involved creating index-like pools of various crypto assets, balanced according to risk levels. The goal was to protect users from the high volatility of single assets and provide more stable, long-term returns. The protocol operated across multiple blockchains, including Ethereum and Binance Smart Chain, and had its own governance token, $FORM. However, since late 2021, the project has shown no signs of active development or team communication, and is widely considered abandoned by the crypto community.

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