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DEX dYdX Raised $10M In Series B Funding, Led By Three Arrows Capital And DeFiance Capital
Summary: The decentralized exchange dYdX announced that it has completed a $10 million Series B funding led by Three Arrows Capital and DeFiance Capital. Seven new investors participated in this round, including Wintermute, Hashed, and GSR. Existing investors a16z, Polychain Capital also continued their investments. dYdX is a DEX startup aiming to build open, secure, and ...
The decentralized exchange dYdX announced that it has completed a $10 million Series B funding led by Three Arrows Capital and DeFiance Capital.
Seven new investors participated in this round, including Wintermute, Hashed, and GSR. Existing investors a16z, Polychain Capital also continued their investments.
dYdX is a DEX startup aiming to build open, secure, and powerful financial products. The company will use new funds to expand more functions to the perpetual contract, decentralize more control to users, cooperate with infrastructure companies to bridge the gap between CeFi and DeFi, and strategically invest in international growth markets such as Asia Investment, especially the Greater China region.
By Mary Liu
Tags: a16z,DeFi,Defiance Capital,DEX,dYdX,Fund,Polychain Capital,Three Arrows Capital
Link: DEX dYdX Raised $10M In Series B Funding, Led By Three Arrows Capital And DeFiance Capital [Copy]
