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

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago
  • You need to login to comment.