HomeRemoteOrderly Network Raises Over $5M in Funding

Orderly Network Raises Over $5M in Funding

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Orderly Network

Orderly Network, a remote developer of a Web3 liquidity layer, raised over $5M in funding.

Backers included OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol.

The company intends to use the funds to further bolster its capabilities, enabling it to continue its trajectory of innovation and growth.

Led by Ran Yi, Orderly Network is a permissionless liquidity layer for Web3 trading. Built on omnichain infrastructure, it enables deep liquidity for any asset across multiple blockchains. Orderly empowers developers to create a comprehensive array of financial products for any level of trader, without the risks of wrapped asset movement through cross-chain bridging.

Currently, it supports six chains: Polygon, Arbitrum, Optimism, Base, Ethereum mainnet, and Mantle.

During its seed round, the company secured $20M in investments from institutions such as Pantera, Sequoia China, Laser Digital, Dragonfly, and Jump. 

FinSMEs

20/08/2024

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