MetaFi Raises $3M in Funding

MetaFi

MetaFi, a Dubai, UAE-based Web3 trading platform, raised $3m in funding.

Backers included DoublePeak Group, Maven Capital, OKX Blockdream Ventures, Megala Ventures, Magnus Capital, Legion Ventures, SL2 Capital, X21 Digital, Good Games Guild, MetaGaming Guild, Mintable Go! Fund, and Athena Ventures.

The new capital values the company at $25m.

The company will use the funding to build its first core product, the Trading Metaverse, a new kind of social trading experience governed by its users.

Led by Matt Danilaitis, Founder. MetaFi aims to reimagine the trader’s experience making trading fun, engaging, and social. With the Trading World, MetaFi will aggregate major decentralized protocols with deep liquidity, wrapped in a new gamified trading environment, designed to be a seamless onramp for non-crypto audience.

Over 90,000 people are waitlisted for the platform launch later this year.

FinSMEs

14/09/2022