September 04, 2024
ZadaFinance, the pioneering decentralized exchange on the Scroll network, has successfully wrapped up its initial funding round. This round saw participation from six institutions, including Digitata, Axium Partners, Cryptia Capital, and NovaSeed Ventures.
Project | Latest Raise Date | Lead Investor | Category |
|---|---|---|---|
Zada Finance | September 04, 2024 | Digitata, Axium Partners, Cryptia Capital and NovaSeed Ventures | DeFi |
ZadaFinance is dedicated to using Rollups technology to provide more efficient and affordable trading services. They aim to tackle liquidity fragmentation across Rollups with their comprehensive full-chain solution.
About Zada Finance
ZadaFinance is a decentralized exchange (DEX) that operates across multiple Rollups, which are Layer 2 solutions for Ethereum. It aims to provide faster, cheaper, and more efficient trading services by leveraging Rollups technology. ZadaFinance supports features like account abstraction wallets and order aggregation, helping to reduce liquidity fragmentation and improve the overall trading experience.
Website: https://www.zadafinance.com/
About Investor
This round saw participation from six institutions, including Digitata, Axium Partners, Cryptia Capital, and NovaSeed Ventures.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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