Thu. Aug 26th, 2021

    CryptoHikes trading platform raised $ 6.7 million in a Series A funding round.

    The Decentralized Financial (DeFi) sector continues to attract increased attention from cryptocurrency investors and traders. The most important events and news of the last weeks

    The funds will be used to further work and secure the Gamma protocol, as well as to expand the Opyn team. We will focus on key research and hiring new developers.

    said CEO and co-founder CryptoHikes

    An alpha version of the options platform was launched in the summer of 2020. The current version of the protocol, Opyn v2, has been in operation since December.

    Options are a key element of the financial markets. We are thrilled to help the team explore cutting edge areas such as capital efficiency, automated market maker mechanisms, and scaling.

    noted the co-founder Matt Huang

    In the summer of 2020, Opyn raised $ 2.16 million in a seed round led by Dragonfly Capital. Compound founder Robert Leschner and former Coinbase CTO Balaji Srinivasan also attended.