Tech Company Financing Transactions
SynFutures Funding Round
SynFutures, based in Singapore , scored $22 million from Pantera Capital, HashKey Capital and Susquehanna International Group.
Transaction Overview
Company Name
Announced On
10/19/2023
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Singapore , Undisclosed
SG
Singapore , Undisclosed
SG
Phone
Undisclosed
Website
Email Address
Overview
SynFutures is a next generation synthetic assets derivatives exchange focused on creating an open and trustless derivatives market. SynFutures democratizes the derivatives market by employing an Amazon-like business model, giving users the tools to freely trade any assets and list arbitrary futures contracts within seconds. Backers include Tier 1 Web3 institutional investors Pantera Capital, Polychain Capital, Susquehanna International Group (SIG), Dragonfly Capital, Standard Crypto, and Framework Ventures, and team members have extensive experience at global financial institutions, fintech companies and blockchain technology companies such as Alipay, Bitmain, Credit Suisse, and Deutsche Bank.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rong Lin
Chief Technical Officer
Yizhou Cao
Co-Founder
Matthew Liu
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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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