What is Opium Network?
Based out of Amsterdam, Netherlands, Opium Network operates as a cryptocurrency derivatives exchange platform provider. The company is focused on enabling the creation and trading of synthetic assets and derivatives on the blockchain, aiming to bring traditional finance instruments to the decentralized ecosystem. Its platform is designed to offer robust and flexible solutions for users seeking exposure to various digital assets and market conditions.
How much funding has Opium Network raised?
Opium Network has raised a total of $3.3M across 1 funding round:
Unspecified
$3.3M
Unspecified (2020): $3.3M with participation from QCP Soteria, Alameda Research, and Kenetic Capital
Key Investors in Opium Network
QCP Soteria
QCP Soteria is an investor participating in the funding round, likely focused on digital asset markets.
Alameda Research
Alameda Research is a quantitative trading firm and liquidity provider in the digital asset space, known for its involvement in various cryptocurrency projects.
Kenetic Capital
Kenetic Capital is an investor in the digital asset ecosystem, likely providing strategic backing to blockchain and cryptocurrency ventures.
What's next for Opium Network?
The substantial enterprise-level funding and recent strategic investment indicate Opium Network is poised for significant scaling and further development. This capital infusion will likely be directed towards enhancing its platform's capabilities, expanding its market reach, and potentially forging new partnerships within the burgeoning decentralized finance (DeFi) space. The company's trajectory suggests a focus on solidifying its position as a key player in the crypto derivatives market.
See full Opium Network company page
