Express

DeFi Index Provider Phuture Raises $1.5 Million In Seed Funding Round

Amy Liu

Summary: Decentralized protocol Phuture has today announced that it has completed a private seed round, led by private investment firm Ascensive Assets. The funding round has raised a total of $1.5 million. The funding round, while led by Ascensive Assets, also included crypto investment firms like SevenX, Moonrock Capital, and Origin Capital. Danish Chaudry, the CEO ...

Decentralized protocol Phuture has today announced that it has completed a private seed round, led by private investment firm Ascensive Assets. The funding round has raised a total of $1.5 million.

The funding round, while led by Ascensive Assets, also included crypto investment firms like SevenX, Moonrock Capital, and Origin Capital. Danish Chaudry, the CEO of Bitcoin.com, also participated in the funding round. 

Charles Story, head of growth at Phuture, said that they will be working in unison to redefine the role of an index within a Web 3.0 environment. The capital raised will be used to fund the continued development of Phuture as it moves towards its upcoming version one launch.

By Amy Liu

Last Update:

Tags: ,,
Link: DeFi Index Provider Phuture Raises $1.5 Million In Seed Funding Round   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 11 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 15 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 18 days ago
  • You need to login to comment.