DeFi protocol Panoptic completes $4.5 million seed round financing, led by Gumi Cryptos Capital

2022-12-06 07:52:07

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ChainCatcher news, based on Uniswap, the DeFi protocol Panoptic announced the completion of a $4.5 million seed round financing. Gumi Cryptos Capital led the round, with participation from Uniswap Labs Ventures, Coinbase Ventures, Jane Street, and the Avalanche Foundation's Blizzard Fund. The funds will be used to expand its team, establish the protocol, and audit its code.

Panoptic was founded in July this year by Kristensen, former research lead at Advanced Blockchain AG, and Guillaume Lambert, a professor of applied physics at Cornell University. The first version of Panoptic will be based on Uniswap's automated market maker (AMM) and will gradually support other AMMs, with plans to launch its platform in the first quarter of next year. (The Block)

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Panoptic DeFi investment and financing

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