Earn Network, a community-driven marketplace for liquid investments, raised $2.7M in Seed funding.
The round was led by Shima Capital with participation from DFG, Jsquare, LD Capital, Cronos Labs, GTS Ventures, Bixin Ventures, ViaBTC Capital, Mars DAO, and Mirana Ventures.
The company intends to use the funds to further develop new product categories on its marketplace and hire more professionals to join its team of experts, grow the community, and establish new relationships with more base layers and projects.
Founded in 2022 and led by CEO Bartek Pozniak, Earn Network provides a “no-code” solution, where any individual can leverage secure and audited templates to create their custom financial products, like staking or borrowing pools. A self-custodial, peer-to-peer platform allows both parties to freely transact. A few prominent projects such as Avalanche, Decimal, or Cronos are already collaborating with the Earn Network to deliver new use cases for crypto communities.
The network has already developed DeFi Staking and soon will be adding three more categories: Lending, Liquid Staking, and Native Restaking.
FinSMEs
22/06/2023