Why Domenic Carosa Firm Earnity Finds it Important to Make Crypto More Welcoming to Global Consumers

Composed of veteran fintech professionals from all over the world, Earnity aims to make cryptocurrency more available and accessible to more people worldwide. Earnity founders Domenic Carosa and Dan Schatt lead a team of passionate fintech aces to build a new way of exchanging, managing, earning, and learning about cryptocurrency.

Earnity is a decentralized finance startup that has recently raised $15 million in a Series A funding round led by BitNile, Inc., a Bitcoin mining company. It must be noted that Australian Securities Exchange-listed company and blockchain fund NGC Ventures were the other participants of the Series A round. The institutional investors completed the $20 million Earnity raised on Dec. 6, 2021. BitNile Holdings, Inc., BitNile’s parent company, specializes in acquiring disruptive technologies and undervalued businesses that carry a global impact. The partnership sees BitNile’s executive vice president of alternative investments, Christopher Wu, joining Earnity founders Dan Schatt and Domenic Carosa on the board of directors.

Earnity and BitNile will form joint ventures to build and promote non-fungible tokens or NFTs and other decentralized finance protocols and products. Earnity brings into the partnership its expertise in building fintech products that encourage accessible use of crypto. BitNile offers its forte in data center operations and BitCoin mining. Through the partnership, Earnity will be kicking off a curated financial marketplace for NFTs, a platform that affords users the chance to safely and inclusively earn, collect and gift different tokens and portfolios, all while learning more about cryptocurrency. The launch is slated for the early part of 2022.

Dan Schatt and Domenic Carosa believe that crypto must be made much less complicated. The company is enthusiastic about the future of blockchain, with its team committed to developing crypto products that have the potential to become industry standards and more welcoming to new users.