- Over the course of six months DeFi Technologies Inc. has invested US$477,500 into respective DeFi portfolio projects with a current value of US$1,693,324 (255% return)
- Sovryn – Over $50M in assets locked in the system with over $1B SOV staked in governance. Closed a $10M investment round led by Pomp Investments
- Saffron Finance – ROI is up around 52% since the initial investment, raised an investment round that included Dragonfly Capital, Coinbase Ventures and Multicoin Capital.
- Earnity – closed out their $4M fundraising round for their DeFi focused asset management application, where users will be able to interact with defi protocols to earn yield on their holdings.
- Luxor Technologies – recently closed a $5M Series A fundraising round led by NYDIG and participation from Blockware Solutions, Celsius Network, DPO, Navier, Supplybit, Bitnomial, Hodl Capital, and many strategic angel investors.
- Volmex – recently announced that volmex.finance v1, the first version of the volatility index trading protocol built on Ethereum, is set to go live on Ethereum mainnet, followed by scaling solution / L2 deployments.
DeFi Technologies Inc. is pleased to present an update on it’s DeFi Venture portfolio. Part of DeFi Technologies’ mission is to drive investments into decentralized finance and incubate new projects to further develop groundbreaking protocols that will continue to fundamentally reshape the global financial system.
“It’s been very exciting to see the projects DeFi Technologies has invested in as a part of our DeFi Venture offering be amongst the leaders in a rapidly growing DeFi ecosystem,” said Wouter Witvoet, CEO of DeFi Technologies. “We aren’t just investing in the technologies behind the projects but the leadership and teams behind them as well. We’re very proud of the progress we have seen thus far and I’m certain we’ll continue to see these innovative projects continue to disrupt DeFi and the financial sector as a whole.”
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Measurable Investments
Sovyrn
Sovyrn recently deployed Ethereum and Binance Smart chain bridges and is now one of the top 25 DeFi protocols. They have raised over 415 BTC from Sovryn users and strategic inventors. There are currently over 20K SOV holders and between $5M–$15M in daily volume on the protocol. Sovryn also reported that they have over $50M in assets locked in the system in a combination of assets (BTC, ETH, Stablecoins etc.) in addition to over $1B SOV staked in governance.
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Luxor Technologies
Luxor Technologies recently closed a $5M Series A fundraising round led by NYDIG and participation from Blockware Solutions, Celsius Network, DPO, Navier, Supplybit, Bitnomial, Hodl Capital, and many strategic angel investors. The fundraise will go towards developing mining pool services, hashrate revenue optimization mining software, and other hashrate based products.
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