Decentralized asset management platform Teahouse Finance completes a new round of financing of 2 million USD

2023-04-25 11:27:22

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ChainCatcher news, the centralized liquidity protocol Teahouse Finance announced on April 24 that it has completed a new round of financing of $2 million, led by the Greater Southeast Asia (GSEA) venture capital accelerator AppWorks. Including the previous financing in 2021 from Pantera Capital, NGC Ventures, Perpetual Protocol, and others, Teahouse Finance has now completed a total of $5 million in financing.

It is reported that Teahouse is a decentralized asset management and strategy platform focused on solving the "concentrated liquidity supply" problem, utilizing its internal backtesting simulator to optimize LP price ranges for maximum capital efficiency. (Source link)

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