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OpenDelta,a Bitcoin Hedged Yield Bond, Raises Undisclosed Ecosystem Round

Writer's picture: Jean DJean D

OpenDelta

November 28, 2024


OpenDelta, a blockchain platform built on the Solana network, has announced the completion of its latest Ecosystem Round of funding. The round featured investment participation from influential members of the Solana ecosystem, including Anatoly Yakovenko, co-founder of Solana; Stepan Simkin, a recognized investor in blockchain projects; Anagram.xyz, a Web3-focused venture firm; Brian Long (also known as Baal Azamon), an investor with a history in supporting blockchain ventures; and Shane Molidor, known for his strategic investments in the space. While the financial details of the funding round remain confidential, the involvement of prominent figures in the blockchain industry signals confidence in OpenDelta's strategic direction.


OpenDelta has been designed to take advantage of the Solana blockchain's high-speed and scalable infrastructure. It aims to address challenges faced by decentralized applications and provide tools that can enhance the development of Web3 solutions.


With this latest round of investment, OpenDelta will expand its capacity to support both current and future applications. The funding reflects ongoing interest in projects that aim to bolster the blockchain ecosystem by promoting user accessibility and operational efficiency.


About OpenDelta

OpenDelta operates on the Solana blockchain and is focused on facilitating the development and operation of decentralized applications. The platform integrates solutions that benefit from Solana’s capabilities, supporting developers and users with scalable and efficient tools. OpenDelta’s services aim to advance blockchain adoption by providing essential infrastructure for a variety of decentralized use cases.


X: @opendelta

About Investors


Anatoly Yakovenko

Anatoly Yakovenko is the co-founder of Solana and a key figure in blockchain technology, Yakovenko has been pivotal in advancing blockchain scalability.

Location: Solana Beach, CA


Stepan Simkin

Stepan Simkin is an investor known for his strategic involvement in blockchain and decentralized projects, contributing to the growth of Web3 initiatives. Location: United Kingdom Website: https://www.sqds.io/

Anagram.xyz is a venture capital firm that focuses on supporting projects in the Web3 space, aiming to strengthen the infrastructure of decentralized systems. Location: Cayman Islands Website: https://www.anagram.xyz/

Brian Long (Baal Azamon)

Brian Long (Baal Azamon) is an investor with experience in the blockchain sector, recognized for supporting projects that contribute to ecosystem development. Location: Chicago Website: https://www.cube.exchange/


Shane Molidor 

Shane Molidor is a blockchain investor and strategist with a history of backing initiatives that enhance decentralized technology solutions.

Location: Manhattan, NY Website: https://www.forgd.com/


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