THORSwap raised $3 M in a new round of funding on 2021-10-05.
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According to media reports, THORSwap raised $3 M in a new round of funding on 2021-10-05. the investors in this funding round include IDEO CoLab Ventures,True Ventures,Sanctor Capital,THORChain,0xVentures,Qi Capital,Proof Group and others. Following this round, THORSwap's total funding reached $3 M.
THORswap is a multi-chain DEX aggregator built on THORChain's cross-chain liquidity protocol and the interface for all THORChain services such as THORNames and Synthetic Assets. It first started as BEPSwap, launched in summer 2020 on top of THORchain's single-chain chaosnet (SCCN). In April 2021, THORSwap was launched as a cross-chain DEX on top of THORChain's multi-chain chaosnet (MCCN). Currently, it supports cross-chain L1 swaps between 25+ crypto assets across 7+ major L1 blockchains in a decentralized and non-custodial manner.
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THOR Fundraising History
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Key Milestones
- 2021-11THOR is live for trading
- 2021-10-06THORSwap raised $ 3.75 M in funding round
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