Denmark, Copenhagen, twenty fourth March, 2023, Chainwire
Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures
Narwhal Finance, the decentralized nasty-market perpetual trading platform constructed on BNB Chain and Arbitrum, announced a $1 million seed round funding led by Animoca Ventures, with participation from Hailstone Ventures and various angel merchants.
Narwhal Finance empowers users to enjoy interaction in leveraged trading across an intensive array of pairs, including crypto, forex, indexes, and shares, with leverages up to 1000x. By device of its reproduction trading feature, users can seamlessly prepare high merchants, get colossal profits even with restricted market recordsdata, and trip an phenomenal trading trip.
With the imaginative and prescient of fixing into the #1 decentralized nasty-market trading platform, Narwhal Finance combines the splendid of DEX trip and social trading to present users chubby transparency, self belief, and an effortless trading trip.
“We’re overjoyed to enjoy bought such staunch enhance from our merchants in this seed funding round,” acknowledged Coco, Lead Developer of Narwhal Finance. “This funding will allow us to develop our imaginative and prescient of offering an phenomenal decentralized leveraged trading platform accessible to all. We’re grateful for the different to bring our innovative resolution to the market and are enraged for what the lengthy race holds.”
As a number one investor within the blockchain commerce, Animoca Ventures acknowledges Narwhal’s doable to disrupt the decentralized perpetual condominium. “We’re enraged to enhance Narwhal Finance’s scramble to revolutionize decentralized leveraged trading,” acknowledged James Ho, Head of Animoca Ventures. “We imagine that the crew’s skills, mixed with the platform’s innovative skills, can potentially disrupt the decentralized perpetual trading condominium. We peer substantial doable in this partnership and stay up for supporting Narwhal Finance as it grows and innovates.”
About Narwhal Finance
Narwhal Finance is a foul-market decentralized perpetual commerce that provides a clear resolution for social trading by enabling leveraged trading of all asset lessons through artificial resources. Liquidity suppliers on Narwhal get a yield from trading prices and high merchants’ performance, making it a winning different for all occasions concerned.
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Narwhal Marketing, [email protected]