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

  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 1 days ago
  • Is the Crypto Bull Market Over? 2 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 3 days ago
  • The Endgame of Layer 2s, Explained 6 days ago
  • The Bitcoin Halving is Complete! What’s Next? 13 days ago
  • You need to login to comment.