June 05, 2024
Blueberry Protocol, a decentralized prime brokerage terminal based in Panama City, Panama, secured $2.5 million in Series A funding. The funding round was spearheaded by White Star Capital, with additional investments from Varys Capital, SNZ Capital, Alchemix DAO, Aquanow, Dewhales members, DCD members, GateCap Ventures, Nayt Trading, and MonkeVentures.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Blueberry Protocol | $2.5M | June 05, 2024 | Series A | $3.7M | White Star Capital | DeFi |
The funding comes as Blueberry Protocol aims to redefine prime brokerages in the decentralized finance (DeFi) space, offering users access to generalized leverage for DeFi on Ethereum. This move is expected to open up new opportunities through advanced risk management and higher leverage compared to traditional prime brokerage services.
Blueberry Protocol secured funding as it seeks to revolutionize decentralized finance (DeFi) prime brokerages. By providing users with access to generalized leverage for DeFi on Ethereum, Blueberry aims to create new opportunities through advanced risk management and higher leverage, surpassing traditional prime brokerage services.
About Blueberry Protocol
Blueberry, led by CEO Jonathan Thomas, is a decentralized prime brokerage platform empowering user to create leveraged strategies with specific risk parameters for maximum capital efficiency. It offers decentralized access to generalized leverage for DeFi on Ethereum, surpassing traditional prime brokerage services. By integrating transparent risk management tools and a sophisticated leverage framework, Blueberry aims to enhance accessibility, capital efficiency, and profitability for DeFi users. The first protocol connected to Blueberry is Bloom, introducing permissionless RWA yields (TBYs) with native returns. Composable Corps, with leadership experience from Zero1 Capital, Huobi, Tesseract, Credit Suisse, Kruse Western Group, and early Bitcoin, built the system.
Website: https://www.blueberry.garden/
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About Investor
Investor: White Star Capital
White Star Capital is a global venture capital fund and multi-stage technology investment platform. They invest in North America, Europe, and Asia, backing exceptional entrepreneurs worldwide. Leveraging their extensive experience and networks, they help these entrepreneurs scale their businesses internationally. With offices in London, New York, Paris, Montreal, Toronto, Guernsey, Tokyo, and Singapore, White Star Capital aims to build industry-defining companies and support market leaders in becoming global champions. White Star Capital’s commitment to supporting innovative ventures across the globe.
Location: Guernsey
Website: https://whitestarcapital.com/
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