
Tranchess (CHESS) Price
- 1M
- 3M
- 1Y
- ALL
Tranchess (CHESS) Price Today
Tranchess (CHESS) Market Data
About Tranchess (CHESS)
Tranchess is a yield-enhancing asset tracker that provides a variety of risk-return solutions. Tranchess' risk-return matrix of solutions is mapped out of the main fund that tracks a specified underlying asset. The name Tranchess was inspired by the chess game and the French word "Tranche" which is associated with tranche funds that cater to various classes of investors with equally varying risk appetites. Tranchess' utility cryptocurrency, CHESS, serves as the transactional and reward token on the platform.
When was Tranchess Launched?
The Tranchess protocol was officially launched on the 24th of June, 2021 by Danny Chong and a team of blockchain technology professionals. Tranchess' concept was conceived in 2020 when a group of experienced individuals from Google, Morgan Stanley, Facebook, UBS, Microsoft, and BNP Paribas put their heads together and worked hand-in-hand to create the Tranchess protocol.