IndexZoo Closed $2M Seed Funding Round

IndexZoo

IndexZoo, a Boston, MA-based provider of a decentralized, crypto asset index protocol, raised $2M in Seed funding.

Backers included CMS Holdings, Warburg Serres, DefinanceX, Pragma Ventures, 0xVentures, BigBrainHoldings and angel investors including Nick Tong and Yenwen Feng (co-founders of Perpetual Protocol).

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Marshall Chang, IndexZoo is a DeFi multi-chain ecosystem of tokenized indices. With grants from NEAR, Polygon, Avalanche and more, IndexZoo will soon deploy its Habitat Index Protocol to multiple EVM compatible Layer 1 and Layer 2s, creating the multi-chain index standard prepared to onboard the next billion crypto investors.

FinSMEs

08/04/2022