Antler, Arcanum Capital, and others invest $3.9 million to Struct Finance
- ByStartupStory | March 22, 2022
Struct Finance, a decentralised finance (DeFi) protocol company, revealed on Tuesday that it had raised $3.9 million from investors including Antler, Arcanum Capital, Assymetries Technologies, and Avalaunch.
AVentures Dao, Bison Fund, Bixin Ventures, Blizzard Fund, Double Peak, FBG Capital, Finality Capital Partners, Infinity Ventures Crypto, Keychain Capital, Lancer Capital, and other investors participated in the investment round.
The company intends to use the additional funds to develop tools that will allow institutions to easily customize their interest rate products and combine them with alternatives to create structured products that are better suited to the profiles of various investors.
Structured products combine various interest rate products, options, and other financial instruments to create investments that may be tailored to a variety of risk profiles, market expectations, and asset classes.
Struct Finance, established by Louis Ng, Ersin Dalkali, and Miguel Depaz, broadens the range of on-chain structured goods by allowing users to customize interest rate instruments and combine them with ecosystem choices to create better financial products.
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