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Derived Finance Completes $3.3M Funding Round

Derived Finance Completes $3.3M Funding Round

10/12/21, 9:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgdelhi
Money raised
$3.3 million
Round Type
seed
Derived Finance, a Multi-Chain Synthetics Trading Platform, successfully completed a funding round that raised over $3.3 Million across more than 30 venture funds. Some of the biggest firms in crypto investment participated in the funding round, led by GSR and including AU21, Poolz, Nabais Capital, Dweb3, Occamfi, Genblock Capital, among others.

Company Info

Company
Derived Finance
Location
delhi, delhi, india
Additional Info
Derived is a Multi-Chain Synthetics Trading Platform that is leveraging the interoperability features of Polkadot to make the platform available across Blockchains. The Derived platform allows leveraged minting (up to 3x) to its platform users. Derived will also be the first platform that would allow its user unique features like the ability to create and trade Hybrid Tokens and allow access to features like Binary Options, Multiple native currency support, 0% Slippage Dex with Unlimited liquidity among many others. The IDO will be conducted on 13th and 14th of October 2021.