Maverick Protocol Raises $8 Million in a Strategic Funding Round Led by Pante...
Maverick, a decentralized crypto derivatives protocol, has raised $8 million in a recently concluded funding round led by Pantera Capital. Other prominent crypto VCs who participated in this strategic funding round include Circle Ventures, Altonomy, Coral Ventures, CMT Digital, GoldenTree Asset Management, Gemini Frontier Fund, Spartan Group, LedgerPrime, Jump Crypto, Taureon and the Tron Foundation. The funding will be used to launch Maverick’s mainnet (expected in mid-2022) and scale the underlying protocol. Unlike the existing DEXs which are built on the Automated Market Maker (AMM)....
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Maverick, a permissionless crypto derivatives trading platform, announced today that it has gathered $8 million in its strategic funding round. Led by Pantera capital, this funding round attracted other cannon-VCs, including the Gemini Frontier Fund, Circle Ventures, Jump Crypto, Coral Ventures, GoldenTree Asset Management, Spartan Group and the Tron Foundation. According to the press release, […]
Earlier on Monday, Parallel Finance announced that it had raised $22 million in a Series A funding round. The investing round for the Polkadot-based DeFi protocol was led by Polychain Capital, alongside Alameda Research, Blockchain Capital, Blockchain ventures, Slow ventures, Lightspeed venture Partners, and CMT Digital, among others. 📢 We just raises $22 Million in […]
1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the last year, decentralized finance (defi) has propelled itself into the spotlight as a great number of dex platforms now provide users with the ability to trade and provide liquidity in a decentralized fashion. 1inch Network....
Crypto investment provider NYDIG raised an additional $100 million in growth capital earlier this week. The new funding round featured MassMutual, Stone Ridge Holdings, New York Life, and Liberty Mutual Insurance, among others as strategic partners. This follows the investment firm’s $200 million cash injection back in early March. In the previous funding round, Robert Gutmann, CEO of NYDIG, stated that the additional funds would be used to develop “Bitcoin-related strategic initiatives spanning from investment […]
TradeStars, the first fantasy stocks platform on Ethereum just announced it has completed its strategic investment round, raising funds for further development of the platform. TradeStars made the announcement on Apr. 22, after successfully raising $1.67 million through a privately held funding round. This round was led by AU21, Block Dream Fund, and LD Capital […]