Social Trading Platform Enso Finance Raises $5M in Funding Round 

2021-4-14 17:00

Soon-to-launch social trading platform Enso Finance gets a cash injection. 

Enso Finance Closes Funding Round 

Enso Finance has closed a $5 million funding round. Polychain and Dfinity Beacon Fund led the investment, while other participants included Multicoin Capital, P2P Capital, Spartan Group, Zola Global, and The LAO. 

Enso Finance is a new DeFi tool that allows anyone to create permissionless trading strategies. Enso will give traders access to native social trading strategies, which can be invested in directly or through the creator’s token. These tokens can be used for activities such as yield farming, liquidity mining, arbitrage, and flash swaps. Traders can also invest in strategies through multi-signature syndicates or decentralized autonomous organizations. 

Enso Finance is one of many projects that leverages the composability of DeFi. Composability refers to the interoperability of DeFi apps. With DeFi largely running on Ethereum today, the leading apps can be used interchangeably in endless combinations, which is why they’re often described as “money legos.” 

Connor Howe, the co-founder of Enso, explained that Enso will make DeFi’s composability more accessible. He said: 

“Composability is one of the unique aspects that makes DeFi magical. With Enso, we’re lowering the barrier to capturing composability by gathering all of the major decentralized finance platforms and making it simple to follow the best traders who use these platforms, or create novel strategies between them.”

Spencer Applebaum, an investor at Multicoin Capital, added that Enso’s ease of use is one of its key strengths over other platforms. He said: 

“While other platforms focus on either active or curated passive strategies, Enso is fully customizable and enables anyone to become a fund manager with the click of a button.”

Enso will initially launch on Ethereum mainnet, though it has also factored plans for multi-chain support, according to the press release. 

Disclosure: At the time of writing, the author of this feature owned ETH and several other cryptocurrencies. 

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Sharpe Platform Token (SHP) на Currencies.ru

$ 0.0004599 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.0004599 - H: $0.0004599
Капитализация $8.007k Rank 99999
Доступно / Всего 17.41m SHP

funding round raises finance trading platform enso

Источник: cryptobriefing.com

funding round → Результатов: 126


Фото:

Kyoko Raises $3M in Private Funding Round Led by Animoca Brands

Kyoko.finance, a DAO-to-DAO credit provider and cross-chain GameFi NFT lending market is pleased to announce it has raised $3 million in its private funding round. As per the announcement, led by Animoca Brands, the funding round saw numerous key investors come together, including Infinity Ventures Crypto (IVC), Momentum 6, Red Building Capital, Morningstar Ventures, NGC Ventures, BlockchainSpace, […]

2022-2-3 22:33


Фото:

Solrise Finance Successfully Concludes $3.4 Million Funding Round

Solrise Finance, a decentralized fund management and investment protocol on Solana has announced the successful completion of its funding round, which raised $3.4 million. According to the protocol, the funding round saw the participation of various top venture capital funds, including Alameda Research, Jump Capital, CMS Holdings, DeFi Alliance, Reciprocal Ventures, Delphi Digital, and Parafi, DeFi […]

2021-7-7 00:01


Фото:

Community-Driven VC and Multi-Chain Launchpad BullPerks Raises $1.8 Million in Private Funding Round

Community dedicated decentralized VC and multi-chain launchpad BullPerks has successfully closed $1. 8 million worth of private funding round. BullPerks Concludes Private Funding Round According to a press release issued on June 4, BullPerks has completed its private funding round whereby it was able to raise funds to the tune of $1.

2021-6-4 13:01


Фото:

Cryption Network Raises $1.1 Million In Latest Private Funding Round

Cryption Network, a crypto platform built for retail traders, announced it had completed its private funding round, which raised $1. 1 million. The funding round attracted numerous investors, including CMS Holdings, GravityX Capital, Master Ventures, GenBlock, Ascensive Assets, X21 Digital, AU21, WaterDrip Sandeep Nailwal of  Polygon, and Humayun Sheikh of Fetch.

2021-5-26 20:38


DEX aggregator 1inch secures $2.8M funding round led by Binance Labs

The team of DEX aggregator 1inch, today announced it has closed a $2.8M funding round from institutional investors, including Binance Labs, which led the funding round, as well as Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, IOSG, LAUNCHub Ventures, Divergence Ventures, Loi Luu, the Founder of Kyber Network, and Illia Polosukhin, the Co-Founder […] CryptoNinjas » DEX aggregator 1inch secures $2.8M funding round led by Binance Labs

2020-8-11 16:18


DEXTF Secures $460,000 in Funding with SGInnovate And Lunex Partnership

According to the Business Times, Decentralized Traded Funds (DEXTF) closed the funding round after collecting $460,000. This funding round was led by SGInnovate and LuneX Ventures, a blockchain firm of Singapore based Golden Gate Ventures, with the partnership with the hedge fund CDAM based in London and other private investors who remain undisclosed. “Although many […]

2019-11-9 19:19


Bitmain’s Bitcoin Mining Company Evaluation is Near $12 Billion After New Funding

$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […]

2018-7-7 23:43


Фото:

To Build Bitcoin Cash Mobile Wallet Startup Raises $600K

CoinText.io, a blockchain startup developing a way to conduct offline bitcoin cash transactions, just closed a $600,000 seed funding round, the company announced Friday. Lead by Texas-based Yeoman’s Capital, which has previously invested in Fantom, OpenGarden and tZero, the funding round will be used to develop a mobile wallet which can support bitcoin cash transactions

2018-6-30 01:46


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto Copy Trading, Mirror Trading, and Social Trading

While cryptocurrencies and equities (stocks) may share some similarities, they largely differ in regard to volatility.   As such, the evolution of blockchain technology and the myriad of coins and tokens trading on a global, decentralized, “always-on” 24/7/365 marketplace is seen by some as a digital gold rush.

Copy Trading, Mirror Trading, Social Trading of Cryptocurrencies

While cryptocurrencies and equities (stocks) may share some similarities, they largely differ in regard to volatility.  As such, the evolution of blockchain technology and the myriad of coins and tokens… The post Copy Trading, Mirror Trading, Social Trading of Cryptocurrencies appeared first on CoinCentral.

Held By the Hand, New Traders Can Prosper

Coinspeaker Held By the Hand, New Traders Can ProsperThere are a few factors that currently stunt the crypto market and recognizing these problems, a new platform called FUMGO presents as a perfect solution to lead new and inexperienced traders to crypto trading expertise.Held By the Hand, New Traders Can Prosper

Crypto Trading: Please Hold My Hand

Coinspeaker Crypto Trading: Please Hold My HandThere are a few factors that currently stunt the crypto market and recognizing these problems, a new platform called FUMGO presents as a perfect solution to lead new and inexperienced traders to crypto trading expertise.Crypto Trading: Please Hold My Hand