Range Protocol, a Singapore-based provider of a DeFi asset management platform, raised $3.75M in Seed funding.
The round was led by HashKey Capital and Nomad Capital with participation from Spark Digital Capital, Mirana Ventures, Symbolic Capital, Asymm Ventures, and Comma3 Ventures.
The company intends to use the funds to continue building out its on-chain asset management platform and to further scale the team and community.
Range Protocol offers an on-chain trading infrastructure so that the average DeFi user can get access to professional automated trading strategies to enhance their yield. This includes trading strategies for liquidity provision, derivatives, NFT Finance, and liquid staking derivatives.
The funding milestone comes in anticipation of several key partnerships, and the launch of new verticals across the DeFi ecosystem.
FinSMEs
15/09/2023