October 24, 2024
BulbaSwap, a central trading and liquidity marketplace on the Morph platform, has completed a $1.3 million seed funding round, led by Foresight Ventures, with participation from Morph, MEXC Ventures Labs, and Kronos Research. This funding marks a significant milestone for BulbaSwap as it aims to enhance the trading experience within the decentralized finance (DeFi) space, focusing on building a high-throughput and low-latency decentralized exchange (DEX) on the Morph ecosystem.
The primary objective of this funding is to accelerate the development of BulbaSwap's platform, which emphasizes deep liquidity and cross-chain interoperability. With the rise of DeFi, the demand for efficient trading solutions is increasing, and BulbaSwap is poised to address this need. By leveraging the Morph ecosystem, the platform aims to provide users with seamless trading experiences across multiple blockchain networks, allowing for a more versatile and accessible trading environment.
About BulbaSwap
BulbaSwap is a central trading and liquidity marketplace designed to operate on the Morph ecosystem. The platform aims to enhance the DeFi landscape by offering a high-throughput, low-latency decentralized exchange that prioritizes deep liquidity and cross-chain interoperability. BulbaSwap's focus on user experience and accessibility positions it to meet the evolving needs of traders in the rapidly changing cryptocurrency market.
Website: https://bulbaswap.io/
X: @BulbaSwap
About Investor
Foresight Ventures
Foresight Ventures is a venture capital firm dedicated to investing in innovative technology companies across various sectors, with a particular focus on blockchain and decentralized technologies. Founded by experienced investors, the firm aims to support early-stage startups that have the potential to disrupt traditional industries and create new market opportunities.
Location: London, Ireland, USA, UAE and Israel
Website: https://www.foresightventures.com/
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