What is Cedro Finance?
Founded in 2022 and headquartered in Stanford, California, Cedro Finance operates as an omnichain liquidity platform. The company enables users to lend and borrow assets across multiple blockchain networks without compromising on security. This innovative approach addresses a critical need in the decentralized finance (DeFi) space for seamless cross-chain interoperability and robust security measures.
How much funding has Cedro Finance raised?
Cedro Finance has raised a total of $1.5M across 1 funding round:
Other Financing Round
$1.5M
Other Financing Round (2023): $1.5M with participation from Mask Network, Shima Capital, and Infinity Ventures Crypto (IVC
Key Investors in Cedro Finance
Mask Network
Mask Network is a decentralized privacy and Web3 integration platform that enables users to send encrypted communications and access blockchain services directly within mainstream social media environments. Available on Facebook and Twitter with plans to expand to additional platforms, Mask Network allows users to create encrypted personas and send secure, encrypted posts to selected recipients without exposing sensitive information on public feeds.
Shima Capital
Shima Capital is a leading early stage VC firm, founded by Yida Gao in 2021, investing in disruptive blockchain companies. The fund is deeply focused on taking a hands-on approach and working closely with its portfolio companies to provide the most sweat equity per dollar invested.
Infinity Ventures Crypto (IVC
Infinity Ventures Crypto (IVC) is a venture capital firm that focuses on investments in Web3, gaming, digital entertainment content, AI, infrastructure, and fintech. With over 200 investments, IVC aims to shape the future of these industries by supporting visionary founders.
What's next for Cedro Finance?
The recent major strategic investment positions Cedro Finance for significant growth and expansion within the rapidly evolving DeFi landscape. This capital infusion is expected to fuel further development of its omnichain liquidity solutions, enhance security protocols, and broaden its market reach. The company's focus on enabling secure cross-chain lending and borrowing suggests a strategic push to become a foundational infrastructure provider in the multi-chain future of decentralized finance.
See full Cedro Finance company page
