Tech Company Financing Transactions
Rift Finance Funding Round
Rift Finance closed a $18 million funding round on 2/21/2022. Investors included Pantera Capital, Coinbase Ventures and Defiance Ventures.
Transaction Overview
Company Name
Announced On
2/21/2022
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Undisclosed
Investors
Pantera Capital (Lead Investor)
Two Sigma Ventures (Andrew Kangpan)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Rift deepens token liquidity through restructured incentives. Rift allows DAOs to deploy governance tokens from their treasuries to increase token liquidity without having to give up ownership. Rift earns liquidity providers double rewards and reduces the risk of impermanent loss through partnering with DAOs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Austin King
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About Our VC Transactions Data
We report on tech company VC transactions. VC investment data records reported here are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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