HomeUSASynthetix Raises $12M in Funding

Synthetix Raises $12M in Funding

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Synthetix, a decentralized trading platform, raised $12m in funding.

Backers included Coinbase Ventures, Paradigm and IOSG.

The company intends to use the funds to expand its business reach and recruit talent.

Run by a decentralized automatic organization, Synthetix provides a platform on which users can create (using a synth token called SNX) and trade synthetic assets and commodities.

FinSMEs

15/02/2021

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