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DeFi Prime Broker Arkis Raises $2.25M in Pre-Seed Funding for Expansion and Development

DeFi Prime Broker Arkis Raises $2.25M in Pre-Seed Funding for Expansion and Development

CointimeCointime2024/03/05 08:13
By:Cointime

London-based DeFi prime broker, Arkis, has secured $2.25 million in Pre-Seed funding from investors including gumi Cryptos Capital, G1 Ventures, Blocklabs, and Roosh Ventures. The funds will be used to expand the company's operations and development efforts. Arkis offers on-chain risk management that allows capital providers to safely provide undercollateralized loans to DeFi hedge funds, while also enabling users to leverage their on-chain trading positions across multiple protocols and blockchains. The company has also announced a strategic partnership with Edge Capital and integration with 1inch for enhanced liquidity aggregation.

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