Tagged: polychain

Babylon $18M Raise Led by Polychain Capital, Hack VC

This week Babylon, a project that aims to build a Bitcoin-secured decentralized world, announced the close of its $18 million funding round. The round was co-led by Polychain Capital and Hack VC, with participation from Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, Finality Capital, Breyer Capital, Symbolic Capital and IOSG. The funds will… Read More

Bitcoin (BTC) Borrowing, Lending to Be Supported via Finterest Protocol After $1.5M Raise

Finterest, which claims to be the “first” crypto lending protocol available on the Internet Computer (ICP) built to support native Bitcoin borrowing and lending, announced the close of its $1.5 million seed round. Investors reportedly “include Polychain Capital via the Beacon Fund, an Internet Computer-focused… Read More

Quasar Finance Raises $6 Million in Funding Round Led by Polychain, Blockchain Capital

Quasar Finance, a Cosmos-based DeFi project, has raised $6 million from big-name blockchain VCs including Polychain Capital, Blockchain Capital, Figment Capital, Lightshift Capital, and Galileo. Quasar CEO and co-founder Valentin Pletnev aims to make digital assets “simple, accessible and secure, while utilizing the Cosmos platform’s… Read More

Automated Market Maker Saddle Raises $7.5 Million

Saddle, an open-source automated market maker (AMM) has closed on a $7.5 million funding round led by Polychain and Electric Capital, according to a release. The funding also included the participation of eGirl Capital, Nascent, and others. Saddle reports that to date it has raised… Read More