Tech Company Financing Transactions
Maverick Protocol Funding Round
Apollo Crypto, Binance Labs and Coinbase Ventures invested in a $9 million funding round for Maverick Protocol. This venture round was announced by the company on 6/21/2023.
Transaction Overview
Company Name
Announced On
6/21/2023
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This fundraise will be used to expand upon that mission. Specifically, the firm will focus on building more efficient Liquid Staking Token (LST) infrastructure, and solving cross-chain liquidity inefficiencies. New capital will also be utilized to scale the protocol to deploy on new chains, support developers to build on its infrastructure, and attract more projects to its growing ecosystem.
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
Introducing Maverick: a protocol for decentralized permissionless trading and staking of any asset pair. Trading on Any Asset with up to 10x buying power. Capital-efficient staking with high yield.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alvin Xu
Browse more venture capital transactions:
Prev: 6/21/2023: TreasurySpring venture capital transaction
Next: 6/21/2023: Danti venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs