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Representatives of the cryptocurrency company Size announced the raising of $ 6 million during the funding round of Series A. The leader was the hedge fund Three Arrows, Wintermute, Mgnr, Alameda Research, D1 Ventures and Genblock Capital also took part. Among other things, several individual investors invested the funds.
According to the data, the firm’s management is very pleased with the successful completion of the fundraising campaign. It ended much earlier than scheduled, and now the founders of the startup will be able to invest the funds received in the development of new products and services for customers.
The leadership of the organization assured that they are thoroughly working on creating a variety of ways that will allow users to participate in auctions with closed bids for tokens with or without ownership rights. The task of the developers is to maximize the automation and simplification of these processes.
The company’s directors assured that the funds will also go to the marketing program and staff expansion. The firm stressed that it considers it important to participate in and contribute to the development of the decentralized finance industry (DeFi), as well as the expansion of the international community.
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According to representatives of the firm, this will bring the moment of mass adoption of cryptocurrencies closer. They stated that the digital economy is the next stage in the development of modern society.
Previously edited by Crypto.ru Reported: the head of the platform Oasis Pro Pat LaVecchia said that his firm managed to attract $ 27 million from investors. The funds will be used to expand the range of services and modernize trading instruments for operations with digitized securities. The head of the startup stressed the importance of the upcoming integration with DeFi platforms.
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