Express

Paradigm Leads $6.7 Million Series A For DeFi Options Platform Opyn

Mary Liu

Summary: DeFi options platform Opyn announced the completion of $6.7 million in Series A led by Paradigm. The round also saw participation from existing investor Dragonfly, Synthetix co-founder Kain Warwick and Aave founder Stani Kulechov. The funds will go towards developing and maintaining its on-chain options core protocol Gamma, and continue to expand the size of the Opyn research ...

DeFi options platform Opyn announced the completion of $6.7 million in Series A led by Paradigm. The round also saw participation from existing investor Dragonfly, Synthetix co-founder Kain Warwick and Aave founder Stani Kulechov.

The funds will go towards developing and maintaining its on-chain options core protocol Gamma, and continue to expand the size of the Opyn research and development team.

By Mary Liu

  • Runes on Bitcoin: The Next Big Opportunity? 11 hours ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 6 days ago
  • The Value of Web3 Social, Explained 6 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 19 days ago
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 21 days ago
  • You need to login to comment.