What is Derived?
Derived is a sophisticated Multi-Chain Synthetics Trading Platform designed to harness the interoperability capabilities of Polkadot. This strategic approach allows the platform to operate seamlessly across multiple blockchains, enhancing accessibility and functionality for its users. Based in India, Derived aims to revolutionize synthetic asset trading by providing a robust and interconnected ecosystem.
How much funding has Derived raised?
Derived has raised a total of $3.3M across 1 funding round:
Unspecified
$3.3M
Unspecified (2021): $3.3M with participation from GSR Ventures
Key Investors in Derived
GSR Ventures
GSR Ventures is an investor in the funding round. Their specific investment focus is not detailed, but they are a participant in this significant financing for Derived.
What's next for Derived?
With the recent infusion of major strategic investment, Derived is poised for significant expansion and scaling. The enterprise-level funding indicates a strong market validation and provides the necessary resources to further develop its multi-chain infrastructure and enhance its trading capabilities. This capital will likely be instrumental in solidifying its position within the decentralized finance landscape and expanding its reach across various blockchain networks.
See full Derived company page
