Ithaca Finance Raises $2.5M to Build On-Chain Options Protocol
Ithaca Finance, a decentralized finance (DeFi) project, has raised $2.5 million in a seed funding round. The funding was led by Dragonfly Capital and Electric Capital, with participation from a number of other investors.
Ithaca Finance aims to build an on-chain options protocol that will enable users to trade options on decentralized exchanges. The project is focused on creating a platform that is secure, efficient, and user-friendly.
The team behind Ithaca Finance has extensive experience in the DeFi space, and they believe that options trading is an important part of the decentralized finance ecosystem. They hope to provide users with a seamless and reliable options trading experience.
With the new funding, Ithaca Finance plans to further develop its protocol and bring it to market. The project is also working on building partnerships with other DeFi projects in order to create a robust and interconnected ecosystem.
Overall, the funding round is a significant milestone for Ithaca Finance, and it will allow the project to continue its work on building an innovative on-chain options protocol. The team is excited to bring their vision to life and contribute to the growth of decentralized finance.
01 лютого 2024
