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Parsec Launched Its DeFi Trading Platform With $1.25 Million Fund Backed By Polychain Capital

Mary Liu

Summary: DeFi platform Parsec announced that it has raised $1.25 million in seed funding from Polychain Capital, with participation from Robot Ventures, Volt Capital and Free Company. The application attempts to create an experience similar to a professional brokerage account in DeFi without worrying about custody issues. In its initial version, traders will be able to ...

DeFi platform Parsec announced that it has raised $1.25 million in seed funding from Polychain Capital, with participation from Robot Ventures, Volt Capital and Free Company.

The application attempts to create an experience similar to a professional brokerage account in DeFi without worrying about custody issues.

In its initial version, traders will be able to use more than 30 unique components, from prices and interest rates to on-chain data (feature list) to gain insight into the market structure of DeFi, and track investment portfolios and transactions on the platform.

By Mary Liu

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