Fade Treasury Raises $3.2M to Develop Secure Cryptocurrency Solution
Fade Treasury, a London-based blockchain technology company, has raised $3.2M in Seed funding to support the development of its secure and non-custodial "liquid vault" solution for cryptocurrency holders. This funding round was led by OP Crypto Ventures, with participation from Arrington Capital, Big Brain Holdings, and Merit Circle, as well as other funds and angel investors. The company plans to use this investment to expand its operations and further develop its technology.
Fyde Treasury aims to provide a compliant and crypto native solution for users through its liquid vault.
This platform offers features such as asset diversification, yield generation, token liquidity, and governance preservation. With this solution, Fyde Treasury users can deposit various digital assets into the liquid vault, allowing them to maintain ownership over their tokens while benefiting from enhanced performance. This approach provides users with a systematic way to mitigate risks associated with decentralized finance (DeFi) in a seamless manner. Furthermore, users will have the incentive to trade the liquid vault token, $TRSY, which serves as a reliable and efficient payment option.
The Fyde Treasury Protocol was launched on the Ethereum blockchain in December 2023. By introducing this innovative technology, Fade Treasury aims to revolutionize the way cryptocurrency holders manage their assets securely and effortlessly. With the support of prominent investors and funds, the company is well-positioned to further develop its solutions and make a significant impact in the blockchain industry.
They've invested in Fyde Treasury
Get to know these Web 3 investors
Click here for a full list of 6,481+ startup investors in the UK