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Stablecoin Creator Overnight Announces A $850K Pre-Seed Raise Led By Hack Vc

Feb 15, 2022•over 3 years ago

Amount Raised

$850,000

Round Type

pre-seed

San Francisco

Description

SAN FRANCISCO, CA / February 15, 2022 / Overnight, the protocol behind yield-generating stablecoin USD+, closed a $850 thousand pre-seed raise in December 2021, led by Hack VC, with participation from FJ Labs, as well as Sandeep Naiwal, co-founder of Polygon, Brian Tubergen, co-founder of Coinlist, Ryan Selkis, Founder & CEO, Messari and Paul Holland.

Company Information

Company

Stablecoin Creator

Location

San Francisco, California, United States

About

Overnight is a DeFi protocol behind USD+, a yield generating stablecoin with daily profit payout

Funding Insights

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