ELFi, a Victoria, Seychelles-based provider of a decentralized derivatives trading platform, received an investment from KuCoin Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and development efforts.
ELFi is a decentralized derivatives trading platform that focuses on delivering trading functionalities. It supports Portfolio Margin within the P2Pool model, and boasts a sophisticated risk management system for listing contracts of various risk levels. Additionally, ELFi introduces innovative liquidity pool designs, offering industry-first zero-risk stablecoin liquidity pools and LSD re-collateralized liquidity pools.
FinSMEs
20/05/2024