Hey there, fellow crypto enthusiasts! Have you heard the news? There’s a new player in town, and they go by the name of Elixir Finance! Now, before you start thinking they’re brewing up potions and casting spells, let me clear things up for you. Elixir Finance is a decentralized market making protocol, here to shake up the crypto scene!
So, dear readers, let’s dive into the fascinating world of Elixir Finance and their recent fundraising rounds. Grab some popcorn, because this is going to be a thrilling ride!
First things first, let’s talk dough. Elixir Finance recently raised a staggering $9.6 million in funding. That’s right, a whopping nine-point-six million green ones! And if that wasn’t impressive enough, their valuation sits at a cool $100 million. I don’t know about you, but I’m starting to think I should have paid more attention in my high school math classes!
Now, let’s meet the backers who believe in the potential of Elixir Finance. Leading the charge is NGC Ventures, accompanied by four other funds who saw the sparkle in Elixir’s eyes. With such heavyweight supporters, it seems like this project is destined for greatness. Heck, the game is afoot!
But wait, there’s more! Elixir Finance also went ahead and scored themselves a Series A round, raising a mind-blowing $7.5 million with the same valuation of $100 million. Impressive, right? These guys sure know how to make an entrance.
If you’re wondering what Elixir Finance does, let me break it down for you. They allow users to supply liquidity directly to pairs on order book exchanges, all while earning handsome maker rewards. It’s like being a bartender and earning tips for every good drink you serve. Kudos to Elixir for making it happen!
And what’s even better is that Elixir Finance aims to create a trading environment with tighter bid-ask spreads and increased volume. So not only are they making money for their users, but they’re also making trading more efficient. It’s a win-win situation, my friends!
But hold on tight, because Elixir Finance has more tricks up its sleeve. They recently announced a seed round where they raised $2.1 million. It seems like everyone wants a piece of the Elixir pie! The investors in this round include FalconX, OP Crypto, Chapter One, and even the infamous BitMEX. Talk about bringing together a delightful mix of characters!
So, dear readers, are you ready to join the Elixir Finance party? They’re offering a chance to get $ARTY before their listings. It’s the main gaming crypto of 2023, so don’t miss out on this golden opportunity!
Remember, folks, the crypto world is a wild ride, but with projects like Elixir Finance, it sure makes it entertaining. So keep an eye out for Elixir Finance as they continue to make waves, disrupt the market, and brew up some crypto magic!
Until next time, happy investing and keep those Elixir-inspired potions brewing! Cheers! 🍻