Express

Open Finance Platform NUTS Finance Completed A $500,000 Angel Funding Led by Shata Capital

Mary Liu

Summary: NUTS Finance, an open finance platform aiming to empower financial applications on the blockchain announced the completion of a $500,000 angel funding led by Shata Capital. Other Investors including Parallel Ventures, Puzzle Ventures, Incuba Alpha Labs and DODO Breeder co-founder Diane Dai participated.  NUTS is a platform for the creation and issuance of cross-chain financial products. ...

NUTS Finance, an open finance platform aiming to empower financial applications on the blockchain announced the completion of a $500,000 angel funding led by Shata Capital. Other Investors including Parallel Ventures, Puzzle Ventures, Incuba Alpha Labs and DODO Breeder co-founder Diane Dai participated. 

NUTS is a platform for the creation and issuance of cross-chain financial products. NUTS Finance plans to use new funds to accelerate the development of acLoan, which is a hybrid loan/option agreement designed for Bitcoin holders to maximize mortgage efficiency. These funds will also be used for marketing strategies and expanding its Asian market.

By Mary Liu

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 7 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 14 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 25 days ago
  • You need to login to comment.