VANCOUVER, BC, March 9, 2021 /CNW/ – Vancouver-based startup DeFi Ventures Inc. (“DeFi Ventures” or the “Firm”) has raised $2M CAD in its seed financing spherical, which closed on March 8. The spherical included investments by a number of distinguished Canadian angels and VCs, and strategic investments by a US-based know-how hedge fund, BIGG Digital and First Block Capital.
DeFi Ventures is a know-how firm looking for to streamline entry to the belongings and know-how that energy the brand new period of decentralized finance. The Firm is making ready to launch DFX (www.dfx.fi), its proprietary dashboard that integrates with your entire DeFi ecosystem, within the coming months. DeFi Ventures additionally holds and stakes digital belongings, offering traders with a easy strategy to acquire publicity to DeFi belongings.
DeFi Ventures was co-founded by Ben Samaroo, Cong Ly and Kartik Bajaj, whose earlier cryptocurrency startup First Coin Capital bought to Galaxy Digital in 2018 in reference to its public itemizing on the TSX-V, and Dean Sutton who’s a Co-Founding father of LQwD Monetary Corp. and was a founding advisor to Argo Blockchain which is publicly traded on the London Inventory Change.
“Decentralized finance has unbelievable potential however continues to be a posh and fragmented area. We goal to totally leverage our workforce’s excellent engineering expertise and experience in fintech to create higher entry to this nascent ecosystem” says Samaroo. DeFi Ventures is presently composed of six workforce members and is actively hiring new expertise.
In reference to the strategic funding by BIGG Digital, BIGG Digital’s CEO Mark Binns will function an impartial director of the Firm.
About DeFi Ventures Inc.
DeFi Ventures is on a mission to simplify and streamline entry to the belongings and know-how that energy the brand new period of decentralized finance. The creators of DFX (www.dfx.fi), a proprietary dashboard which integrates with your entire DeFi ecosystem, DeFi Ventures is technology-first group that has an information pushed method in creating and capturing worth within the DeFi ecosystem – by means of each belongings and know-how.
Chief Govt Officer
Chairman and Chief Technique Officer
SOURCE DeFi Ventures