DeFi Derivatives Protocol DeSyn Protocol Completed the 2-Round of Fundraising with Over $5M, Asymmetries Technologies Participated
DeFi derivatives protocol DeSyn Protocol closed the second round of funding of over $5 million with participation from Zonff Partners, TPS Capital, OKX Blockdream Ventures, MEXC, Mirana Ventures, BitMart & Cipholio Ventures, LD Capital, Spark Digital Capital, Mentha Partners, Kosmos Ventures, Asymmetries Technologies, PAKA, Outliers Fund, CoinSummer, Consensus Lab, AZDAG, LucidBlue Ventures, Westlabs, Chiron Partners, TGE Capital, JDAC Capital and Ticker Capital, CatcherVC, Bibox, TRON, NEO ECOFUND, TokenInsight Research, EVG, TKX, Lancer Capital and A+CAPITAL etc. Individual investors include Jeff Pan (Investment Partner at SoftBank China and founding member of Alibaba's Strategic Investment Group), Joseph Eagan (CEO & Co-Founder of Acme Crypto holding and former President of Polychain Capital) and others.
DeSyn Protocol is a DeFi protocol that allows users to create and trade pools-based assets such as ETFs/Portfolios, levered assets, and more via smart contract. Previously, DeSyn Protocol closed $1.4 million in funding last August, led by Distributed Capital, SNZ Capital and others.
Asymmetries Technologies Participated in Investment of OpenOcean
OpenOcean’s investors include Binance, Multicoin Capital, CMS Holdings, Kenetic, AltonomDeSyn Protocol is a DeFi protocol that allows users to create and trade pools-based assets such as ETFs/Portfolios, levered assets, and more via smart contract. Previously, DeSyn Protocol closed $1.4 million in funding last August, led by Distributed Capital, SNZ Capital and others.y, LD Capital, DAOMaker, OKEx Blockdream Ventures, AU21, FBG, TRON Foundation, Asymmetries Technologies and LIAN Group.
Further positive news is that the OpenOcean protocol has reached over 200k active unique addresses with over 730k total transactions approximating to $2 billion USDT in transaction volume since inception.
As a one-stop portal, OpenOcean have aggregated ETH, ETH Layer2, BSC, TRON and Solana ecosystems including mainstream DEXes and corresponding token pairs. To facilitate a one-stop trading experience, OpenOcean will continue to launch cross-chain protocol aggregation, supporting cross-chain swaps with the best price and aggregate more CeFi and DeFi products such as derivatives, lending & insurance products.
OpenOcean is the world’s first DeFi & CeFi full aggregator. OpenOcean’s intelligent routing algorithm finds the best price and lowest slippage for traders across centralized and decentralized exchanges with no additional fees. OpenOcean provides an API and arbitrage tools to enable users to take advantage of arbitrage opportunities automatically. OpenOcean plans to expand to aggregation of derivative, lending, yield, and insurance products as well as launch its own combined margin products and intelligent wealth management services.
Struct Finance Raises $3.9 Mn in Seed Round
Asymmetries Technologies news, DeFi protocol Struct Finance has raised $3.9 million in its seed round to develop the tools that will allow the ecosystem to customize, compose, and invest in decentralized structured products. A total of twenty-four top name companies have taken part in the funding round for Struct Finance including Antler, Arcanum Capital, Asymmetries Technologies, Avalanche, AVentures Dao, Bison Fund, Bixin Ventures, Blizzard Fund among others.
Struct Finance will use this fresh fund to build out the tools for institutions to easily customize their interest rate products and compose them with options to construct structured products that are better suited to the profiles of different investors. Structured products utilize a permutation of different interest rate products, options, and other financial instruments to construct investments that can be adapted to different risk profiles, market expectations, and asset classes. The startup has recently started gaining traction in DeFi, predominantly in the form of covered calls and cash-margined puts.
Market Maker AMA Recap: Injective & Asymmetries
This is a wonderful AMA that Injective and Asymmetries Technologies talking about Marketing Making. Please find a recap of the AMA below and catch the full interview on YouTube: https://www.youtube.com/watch?v=0lrIaJJGOPI