Rocko, A New Marketplace for Crypto-Backed Loans, is Officially Live

Rocko,
a
new
marketplace
for
accessing
the
best
crypto-backed
loans,
has
officially
launched!
Crypto
owners
can
now
use
Rocko
to
quickly
secure
loans
using
their
crypto
assets
as
collateral,
avoiding
the
need
to
sell
their
holdings.
Users
can
access
competitive
rates
from
leading
DeFi
protocols
—
starting
with
Compound
—
and
set
up
a
loan
within
minutes,
regardless
of
their
level
of
expertise.

DeFi
lending
protocols
like
Compound
and
Aave
offer
lower
interest
rates
and
more
flexible
terms
for
crypto-backed
loans
than
many
centralized
lenders.
However,
they
are
often
seen
as
difficult
to
use.
Rocko’s
platform
solves
this
by
simplifying
the
borrowing
process
with
an
intuitive,
step-by-step
interface.
Users
can
customize
their
loan
terms
and
select
which
lending
protocol
they
prefer
to
borrow
from.
Once
the
loan
is
finalized,
a
smart
wallet
is
automatically
created,
which
then
interacts
with
the
chosen
DeFi
protocol
to
fulfill
the
loan
based
on
the
user’s
instructions.
Since
the
wallet
is
non-custodial,
users
retain
full
and
exclusive
control
over
their
funds.

One
of
Rocko’s
standout
features
is
its
seamless
compatibility
with
major
exchanges
like
Coinbase,
Gemini,
and
Binance
—
no
need
for
complex
Ethereum
wallets
or
seed
phrases!
Borrowers
can
receive
their
USDC
loans
directly
into
their
exchange
accounts,
making
it
easier
to
convert
it
to
USD
for
various
purposes,
such
as
real
estate
purchases,
debt
consolidation,
or
large
purchases.
Coinbase
users
can
link
their
accounts
to
Rocko,
streamlining
the
process
even
further. 

Rocko
offers
a
comprehensive
dashboard
where
users
can
manage
their
loans,
track
key
metrics,
borrow
additional
funds,
make
payments,
and
adjust
their
collateral.
Additionally,
users
can
set
up
text
or
email
alerts
to
monitor
collateral
value
and
interest
rates.
Upon
repayment,
the
collateral
is
automatically
returned,
along
with
any
rewards
earned
from
protocols
like
Compound.

Rocko
takes
security
seriously
by
implementing
industry-best
practices
and
leveraging
trusted
solutions.
Rocko
smart
wallets
are
fully
non-custodial,
meaning
only
users
have
access
to
any
funds
their
wallets
hold.
The
private
key
is
encrypted
and
stored
in
a
secure
enclave
provided
by
Turnkey,
accessible
only
by
the
wallet
owner.
Rocko’s
smart
wallets
are
built
with
Kernel,
a
highly
audited
and
trusted
modular
smart
account.
Additionally,
many
DeFi
protocols,
including
Compound,
do
not
allow
for
the
rehypothecation
of
assets.
This
means
when
you
take
out
a
loan
using
Rocko,
your
collateral
is
not
lent
to
other
borrowers.
Instead,
it
is
locked
in
a
smart
contract
until
you
repay
your
loan.

Rocko
was
founded
by
a
team
of
experienced
fintech
founders
who
have
built
and
launched
innovative
consumer
financial
products
in
TradFi
and
Web3
such
as
the
Gemini
Credit
Card,
MarcusPay
by
Goldman
Sachs,
and
Ondo
Finance.
The
original
idea
for
Rocko
came
from
their
own
frustration
on
how
hard
DeFi
was
to
use
despite
the
great
value
it
offered.
Their
vision
is
to
build
one
marketplace
connecting
all
of
DeFi
that
allows
borrowers
to
easily
access
the
best
rates
and
liquidity
from
any
number
of
protocols
and
networks,
using
any
crypto
assets.

Rocko
is
set
to
roll
out
a
series
of
exciting
new
features
in
the
coming
months,
including
support
for
additional
DeFi
protocols,
networks,
and
crypto
assets.
The
platform
will
also
introduce
tools
that
help
automate
loan
management,
so
users
can
borrow
at
ease
and
set
their
loans
on
autopilot. 

To
get
started
with
Rocko
and
secure
a
crypto-backed
loan
today,
visit https://rocko.co. 

Boilerplate: 

Rocko
is
a
new
marketplace
that
connects
crypto
owners
with
the
best
DeFi
lending
protocols,
enabling
them
to
access
crypto-backed
loans
quickly
and
securely.
Rocko
users
can
take
advantage
of
competitive
rates
and
flexible
loan
terms,
receiving
funds
directly
to
their
accounts
at
centralized
exchanges
or
to
their
Ethereum
wallets.
The
company
was
founded
by
a
team
of
experienced
fintech
founders
who
have
built
and
launched
innovative
consumer
financial
products
such
as
the
Gemini
Credit
Card,
MarcusPay
by
Goldman
Sachs,
and
Ondo
Finance.

Disclaimer: The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.