1. PixelPlaygroundHome
  2. Blockchain Briefs

Ammalgam announces completion of pre-seed financing round

• Blockchain Briefs • 158 views

On February 27th, the DeFi strategic agreement Ammalgam announced that it would complete the US $750000 pre-seed round of financing in the third quarter of 202…

Ammalgam announces completion of pre-seed financing round

On February 27th, the DeFi strategic agreement Ammalgam announced that it would complete the US $750000 pre-seed round of financing in the third quarter of 2022, with the participation of Kain Warwick, founder of Synthetix, Robert Leshner, Anton, Sergej, Mikhail, TarunChitra, Santiago RSantos, BodhiVentures, BootNode, MarinVentures, Kevin Zhou, Factor, ZealCapital, etc. It is reported that Ammalgam will release more DeFi functions by combining lending and trading into one agreement. This combination constitutes a source of income, improves capital efficiency and unlocks unlimited strategies for market makers.

The DeFi strategic agreement Ammalgam announced the completion of the $750000 pre-seed round of financing

Interpretation of the news:


Ammalgam, a DeFi strategic agreement, has recently announced the successful completion of its pre-seed financing round set at US $750,000 in the third quarter of 2022. The financing round was participated in by several notable figures in the DeFi space, including Synthetix founder Kain Warwick, Anton, Sergej, Mikhail, TarunChitra, Santiago RSantos, BodhiVentures, BootNode, MarinVentures, Kevin Zhou, Factor, and ZealCapital.

The strategic agreement intends to offer more DeFi functions by integrating lending and trading into a single agreement. By doing so, the combination will create a source of income that enhances capital efficiency and unlocks infinite strategies for market makers. Ultimately, this technology aims to promote the democratization of finance through the advanced and innovative use of DeFi.

The success of Ammalgam’s pre-seed financing round indicates a promising future for the DeFi industry. In addition, the participation of industry heavyweights such as Kain Warwick and other notable investors suggests that the technology is gaining traction among influential players in the financial sector.

The integration of lending and trading capabilities into a single agreement represents a significant and transformative development in DeFi technology. It provides a level of interoperability that was not possible before, offering market participants more freedom and versatility in their financial strategies. Furthermore, the fusion of these capabilities creates a system with enhanced capital efficiency, reducing the cost of capital and providing potential investors with improved yield opportunities.

In conclusion, Ammalgam’s successful pre-seed financing round demonstrates a strong appetite for continued innovation in the world of DeFi. The integration of lending and trading capabilities into a single agreement is an exciting prospect for the industry, offering new possibilities and opportunities for market participants. The DeFi industry is poised for significant growth as it continues to pave the way for the democratization of finance.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/3559/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 02/27/2023 01:40
Next 02/27/2023 01:58

Recommended articles