What is Range Protocol?
Founded in 2023 and headquartered in Singapore, Range Protocol operates within the burgeoning decentralized finance sector. The company provides a platform for asset management, aiming to simplify and democratize access to sophisticated financial tools within the blockchain ecosystem. By leveraging DeFi principles, Range Protocol seeks to offer innovative solutions for managing digital assets, positioning itself as a key player in the ongoing evolution of financial services.
How much funding has Range Protocol raised?
Range Protocol has raised a total of $3.8M across 1 funding round:
Angel/Seed
$3.8M
Angel/Seed (2023): $3.8M with participation from Nomad Capital, Comma3, HashKey Capital, Symbolic Capital Partners, and Spark Digital Capital
Key Investors in Range Protocol
Nomad Capital
Nomad Capital is a privately-held investment holding company focused on identifying and delivering superior investment opportunities, particularly in North Africa, with a mission to develop and sustain promising businesses through value-added support and capital partnership.
HashKey Capital
HashKey Capital is a global, crypto-native leader in digital assets and blockchain, managing over US$1 billion in client assets and having made over 500 investments across infrastructure, tools, and applications in the blockchain ecosystem.
Spark Digital Capital
Spark Digital Capital is a research-focused crypto fund specializing in investments in blockchain infrastructure, mass adoption, and decentralized finance, aiming to support innovative projects that drive the evolution of the blockchain ecosystem.
What's next for Range Protocol?
With the recent influx of major strategic investment, Range Protocol is poised for accelerated growth and product development. The company is expected to focus on expanding its market reach, enhancing its technological infrastructure, and potentially forging new partnerships within the broader DeFi and blockchain communities. This strategic financing will likely empower Range Protocol to further innovate its asset management solutions, solidifying its position and driving adoption in a competitive market.
See full Range Protocol company page