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Animoca Ventures leads $1M seed funding round for Narwhal Finance
Mar, 30 2023
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With participation from Hailstone Ventures and various angel investors, Narwhal Finance which is a decentralized cross-market perpetual trading platform built on BNB Chain and Arbitrum has announced a $1 million seed funding round led by Animoca Ventures.
Users of Narwhal Finance can trade with leverages of up to 1000x on a wide variety of pairs that includes cryptocurrencies, FX, indices, and stocks. Users can imitate the trades of successful traders with minimal effort, allowing them to reap the benefits of other traders' expertise without having to become experts themselves.
In an effort to become the most popular decentralized With the goal of becoming the most popular decentralized cross-market trading platform, Narwhal Finance combines the advantages of DEX trading with those of social trading to provide its customers with complete openness, assurance, and ease of use.
About Narwhal Finance:
Narwhal Finance provides a one-of-a-kind solution by allowing leveraged trading across all asset classes through synthetic assets on a cross-market decentralized perpetual exchange. Trading fees and the success of the best traders on Narwhal offer a return for the platform's liquidity providers.
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Indrani Bose
CBW - External Analyst
INDIA
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