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Derivatives and Defi attract a large influx of venture capital firms and private investors – Finance Bitcoin News

As blockchain technology subverts traditional industry standards, the number of active investors willing to bet on funds has greatly increased. Taking advantage of this continuous investment trend, both upcoming and ongoing projects have attracted millions of dollars from private investors, thus forming a new era of diversification.

Globe DX successfully completed a new round of US$18 million in financing

A new derivatives exchange, Globe Derivative Exchange (Globe DX), has successfully concluded its recent seed round of financing. With the support of top blockchain VCs such as Pantera Capital, Y Combinator, CMT Digital, Draper Dragon, Wave Financial, Republic Crypto and Okex, Globe DX ended its private financing and raised a total of US$18 million.

Derivatives have taken the lead in promoting the crypto trading ecosystem and accounted for a large share of the total revenue generated by crypto businesses. Due to the unique features of the platform, the recent pre-sale of Globe DX has attracted a wide range of venture capital participation.

With more than 200 strategic partners supporting the platform’s ecosystem, Globe DX has formed a powerful platform. It provides exposure to the Crypto Volatility Index, including all traders’ needs for global derivatives trading platforms, and aims to attract experienced crypto traders and novices.

Bunche raised $6 million from consultants and outside investors

Decentralized finance (defi) projects have attracted a large amount of venture capital funds, and the latest project to successfully close its seed round of financing is BENQI. The company has successfully raised $6 million from investors and is now preparing to start its long-awaited ICO.

Under the leadership of Ascensive Assets, this round of financing attracted some well-known figures in Defi and venture capital, including Mechanism Capital, Market Across, Spartan Group, Dragonfly Capital, Morningstar Ventures, Ava Labs, Arrington XRP Capital, etc.

BENQI introduced an avalanche-based decentralized non-custodial liquidity protocol to enable users to effectively borrow, borrow and make money from digital assets. With the guarantee of funds, BENQI will launch its agreement on the mainnet in May 2021 and add a token pool in the next few days. As the Defi ecosystem on Avalanche is about to explode, BENQI’s breakthrough consensus protocol will ensure instant transactions with the lowest fees.

Jigstack attracts $3 million to build a decentralized financial DAO

With dozens of new projects exploring the use of blockchain technology and the defi platform in multiple business use cases, investors seem to be very eager to sign amazingly large checks for anything related to defi.

With the help of investment trends, the Decentralized Autonomous Organization (DAO) Jigstack ended its public and private financing rounds, raising a total of US$3 million. Both rounds of financing have witnessed the overwhelming participation of leading investors such as DHC Capital, Blocksync Ventures, X21 Digital, Moonwhale Ventures, Exnet Network.

Jigstack manages a portfolio of Ethereum network assets and protocols, such as Lemonade, Stakbank and Ethlink, each of which adds value to Jigstack’s local STAK token. The team behind Jigstack has designed an ecosystem that can help engineers design and deploy institutional-level decentralized tools to meet every business need.

Defi-based independent singularity DAO raises $2.7 million

Singularity DAO, a platform that provides an artificial intelligence-driven defi portfolio, has successfully raised US$2.7 million in a recent private equity financing. The sale led by Alphabit attracted several outstanding investors from the crypto space, including QCP Capital, Genesis Block Ventures, Magnus Capital, SMO Capital, AU21, Moonwhale Ventures and Jun Capital.

The defi project Singularity DAO is an extended branch of Singularity NET, a blockchain-centric AI market. It provides a dynamically managed investment portfolio that can automatically adjust to changing market trends and generate new opportunities. In addition, the platform will also help optimize on-chain transactions by continuously launching new predictive data models for digital asset management to improve the liquidity of decentralized exchanges (DEX).

The platform has a three-tier blockchain architecture driven and optimized by Singularity NET’s AI, and aims to provide decentralized governance using Sing DAO tokens. A successful investment round will play a key role in improving the development phase (mainnet launch) of the Singularity DAO project.

Of the four projects mentioned in the review, which one is the most promising? why? Let us know in the comments section below.

Tags in this story

ai, BENQI, DAO, DeFi, funding, funding summary, Globe DX, investors, Jigstack, projects, Singularity DAO, start-ups, venture capital

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