Animoca Ventures leads a $1 million seed funding round for Narwhal Finance.
Narwhal Finance, a decentralized cross-market perpetual purchasing and selling platform built on BNB Chain and Arbitrum, announced a $1 million seed round led by Animoca Ventures, with participation from Hailstone Ventures and different angel investors.
Narwhal Finance enables consumers to engage in leveraged buying and selling across a wide range of pairs, including crypto, forex, indices, and shares, with leverages of up to 1000x. Customers can easily follow high merchants, generate significant cash even with no market knowledge, and have a different buying and selling experience thanks to its copy purchasing and function of sale.
With the vision of becoming the #1 decentralized cross-market buying and selling platform, Narwhal Finance combines the best DEX expertise with social buying and selling to provide consumers with complete transparency, confidence, and an easy purchasing and selling experience.
“We’re overjoyed to have received such strong help from our investors on this seed funding round,” said Coco, Narwhal Finance’s Lead Developer. “This funding will enable us to carry out our vision of providing a distinct decentralized leveraged buying and selling platform accessible to all.” We are grateful for the opportunity to bring our breakthrough solution to market and are eager about the future.”
Animoca Ventures, a leading investor in the blockchain industry, recognizes Narwhal’s potential to revolutionize the decentralized perpetual domain. “We’re thrilled to be a part of Narwhal Finance’s journey to revolutionize decentralized leveraged trading,” said James Ho, CEO of Animoca Ventures. “We believe that the experience of the staff, combined with the platform’s revolutionary know-how, has the potential to disrupt the decentralized perpetual buying and selling area.” We see immense promise in this collaboration and look forward to helping Narwhal Finance as it grows and innovates.”
Narwhal Finance Information
Narwhal Finance is a cross-market decentralized permanent alternate that offers a novel solution for social purchasing and selling by enabling leveraged purchasing and sale of all asset classes using artificial belongings. Narwhal liquidity providers profit from purchasing and selling fees and excellent merchant efficiency, making it a lucrative option for all parties involved.
