Express

$1.1 Million In Seed Funds Raised For Privacy DeFi Protocol Manta Network

Mary Liu

Summary: Manta Network, a privacy-focused DeFi protocol, completed a $1.1 million seed round of funding led by Polychain Capital. Other investors include Hypersphere Ventures, Three Arrows Capital, Defiance Capital, Multicoin Capital, Alameda Research, etc. Manta Network was launched last year and aims to be released as a Polkadot parachain. It plans to launch its test network ...

Manta Network, a privacy-focused DeFi protocol, completed a $1.1 million seed round of funding led by Polychain Capital. Other investors include Hypersphere Ventures, Three Arrows Capital, Defiance Capital, Multicoin Capital, Alameda Research, etc.

Manta Network was launched last year and aims to be released as a Polkadot parachain. It plans to launch its test network at the end of the quarter, a privacy-focused decentralized exchange (DEX) --MantaSwap--which developed by zkSNARK technology will be its first product.

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? 20 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.