- VETA Finance company received $2.85 million in investments.
- The strategic funding round was led by Matrixport Ventures firm.
The VETA Finance DeFi platform, which supports margin trading of digitally-focused products, attracted $2.85 million in investments.
“On-chain Financial Platform VETA Finance Raises US$2.85 million in Strategic Funding Round led by Matrixport Ventures”
The strategic funding round was led by Matrixport’s venture arm – Matrixport Ventures – with the participation of imToken Ventures, WT Capital, Future Money Group and 280 Capital. It is known that the new capital will be used to further optimize the platform’s digital product offerings, strengthen its IT systems and grow the business.
VETA Finance founder Daniel stated:
“Digital assets are one of the most volatile but fastest growing asset classes in the world. To empower investors to navigate opportunities in the crypto industry, VETA Finance turns virtual assets into convenient and accessible financial products.”
He added that with the support of investors, the company plans to expand its offerings “maximizing security and returns”.
It should be noted that in the period from January 13th to 20th, 19 projects attracted investments for a total amount of $271.4 million.