CYIOS CORP’S HELIO LENDING HAS WEATHERED THE CRYPTO CORRECTION The Advantages of the Helio’s Cryptocurrency CeFi Aggregator Platform
Boca Raton, Florida
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February 27, 2023 10:15 AM Eastern Standard Time
McapMediaWire -- CYIOS Corp’s: (OTC: CYIO), a blockchain-focused holding company with operations in Crypto-lending, Web3 and NFT’s is pleased to provide the following update on the Company’s Helio Lending cryptocurrency CeFi aggregator platform business.
Mr. John O’Shea, Cyios Corp Chairman commented, “While it’s been some tough sailing for many in the crypto space, we are pleased to say that Helio has weathered the crypto storm that has beleaguered the industry over the last year. Helio has differentiated itself by offering customers an array of loan options, as provided by a panel of lenders carrying various terms and structures, with the ability to pick from the best terms and rates available at any given time. Centralized finance, called 'CeFi' allows people to get loans on their cryptocurrency by lending or borrowing through a centralized corporation. At no time does Helio take crypto risk by doing direct lending or carrying crypto on its books, rather it performs a white-glove concierge referral service for customers looking for a higher level of service with direct contact to the various lenders. Just recently Helio had several million dollars of rollovers whereby the customers chose to keep their funds with the lender at the end of the loan term and roll into another loan. Why is this important? First of all, we evaluated multiple lenders and graded them from low risk to high risk taking into account various factors. Our affiliate panel lenders have withstood the test of time, are very professional, have extensive knowledge of financial markets and products, and their back office compliance is strong. Helio did the work for our clients in evaluating the field of lenders and none of the prominent players that crashed and lost billions are or were on our list of lenders. The company looks forward to providing additional updates soon in regards to other business developments management is working on.”
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Public and Investor Relations: admin@cyioscorporation.com
Investors are encouraged to follow CYIOS using: www.twitter.com/cyioscorp
About Helio Lending, PTY LTD
Founded in 2018, Helio Lending has developed a CeFi cryptocurrency lending platform comprised of a panel of affiliate lenders providing access to the most competitive rates and offers for crypto loans. More information on Helio’s concierge level service can be found here: https://heliolending.com/
About CYIOS Corp
CYIOS Corporation (CYIO) is a publicly traded holding company with subsidiary businesses including; Helio Lending, Randombly and Choice Wellness Inc. Helio's CeFi Aggregator platform offers a panel of lenders to choose from with various lending options, Randombly is an NFT Marketplace with minting and trading on its platform, and Choice Wellness is focused on developing and marketing specialty branded products in the Health and Wellness markets, including the "DR's CHOICE" and "24" brand of products. The Company looks to develop, distribute, and license proprietary products as well as evaluate potential acquisition opportunities. Further, the Company continues to seek and evaluate attractive business opportunities and to leverage its resources and expertise to build a diversified, sustainable business model.
https://www.cyioscorporation.com/
FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements.” Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" & other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered w/ these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
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