Tech Company Financing Transactions
Fyde Treasury Funding Round
Fyde Treasury closed a $3.2 million Seed financing round on 12/19/2023. Investors included OP Crypto, Arrington Capital and Big Brain Holdings.
Transaction Overview
Company Name
Announced On
12/19/2023
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
PO Box 3093 Rodus Building Road Town
Tortola, Undisclosed
VG
Tortola, Undisclosed
VG
Phone
Undisclosed
Website
Email Address
Overview
The importance of proper treasury management for protocols and DAOs has never been as relevant as it is today. The consequences of not having a good solution is being felt by all crypto companies, protocols and DAOs, regardless of size and sector. Fyde delivers a comprehensive treasury management solution to solve this major problem. Our protocol provides an all-in-one solution that giving crypto treasuries the ability to diversify their assets, unlock liquidity in their treasury, and receive cash flow / yield. All without losing governance rights or putting downwards price pressure on native tokens.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Behrin Naidoo
Co-Founder
Carlos Noe
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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