What is BlockSwap Network?
BlockSwap Network operates as a provider of automated stake liquidity for Proof-of-Stake (PoS) chains. Its core product, Open Saver, is a suite of Fixed Income protocols designed to offer stable savings rates for everyday DeFi users across a variety of crypto assets. The company aims to simplify and enhance the accessibility of yield-generating opportunities within the cryptocurrency ecosystem.
How much funding has BlockSwap Network raised?
BlockSwap Network has raised a total of $2.5M across 1 funding round:
Stock Offering
$2.5M
Stock Issuance/Offering (2021): $2.5M with participation from Wave Financial, Blocksync Ventures, and NGCm
Key Investors in BlockSwap Network
Wave Financial
Wave Financial LLC is an investment management company providing digital asset solutions, including institutional and private wealth services. They offer investable funds, managed accounts, treasury management, and venture capital to the digital asset ecosystem.
Blocksync Ventures
Blocksync Ventures is an entity involved in the digital asset and blockchain space, likely focusing on early-stage investments and strategic partnerships within the crypto industry.
NGCm
NGCm, associated with the University of Southampton, likely represents a research or venture arm focused on emerging technologies, potentially including blockchain and decentralized finance.
What's next for BlockSwap Network?
With the recent infusion of capital, BlockSwap Network is poised for accelerated growth and product development. The strategic investment suggests a focus on expanding its market reach and enhancing the capabilities of its Open Saver protocol. Future initiatives will likely involve further integration with various PoS chains and the introduction of new financial products to cater to a broader DeFi user base. The company's trajectory indicates a strong commitment to becoming a leader in automated liquidity solutions.
See full BlockSwap Network company page
