12 New Projects Favored by Crypto VCs

MooMs
2023-04-27 15:40:08
Collection
These projects cover areas including liquidity management, yield strategies, risk management tools, and wallets.

Author: MooMs

Compiled by: Deep Tide TechFlow

Want to know where the next big narrative will unfold? Here are 12 highly anticipated cryptocurrency projects that have received support from several well-known venture capital firms. These projects cover areas including liquidity management, yield strategies, risk management tools, and wallets. Let's take a look at the basic information about these projects and their backers.

Stelo

Stelo is a browser wallet security plugin that helps protect cryptocurrency assets from Web3 phishing attacks by conducting predictive risk assessments.

Funding Amount: $6 million

Investors in this funding round: a16z, Opensea, etc.

Project Twitter: https://twitter.com/stelolabs

Alongside

AMKT is a cryptocurrency index token that provides a market-cap-weighted index of 25 assets to achieve market risk exposure, with monthly rebalancing and quarterly reconstitution.

Funding Amount: $11 million

Seed round investors: a16z, Coinbase Ventures, etc.

Project Twitter: https://twitter.com/alongsidefi

Affine DeFi

Affine is an investment platform that allows users to purchase a basket of assets (rebalancing vaults) while investing in various strategies.

Funding Amount: $5.1 million

Seed round investors: The Spartan Group, Jump, Shima Capital, etc.

Project Twitter: https://twitter.com/AffineDeFi

Myna

Myna allows collectors to trade physical goods as NFTs, enabling global access to their assets. Each item is securely stored in highly secure facilities and can be redeemed at any time.

Funding Amount: $6 million

Investors in this funding round: The Spartan Group, etc.

Project Twitter: https://twitter.com/mynaswap

Pendle Finance

Pendle Finance is a yield protocol that enables users to execute yield strategies using standardized yield tokens divided into principal and yield portions.

Funding Amount: $3.7 million

Strategic round investors: The Spartan Group, Crypto.com Capital, etc.

Project Twitter: https://twitter.com/pendle_fi

ArrakisFinance

Arrakis automates liquidity management through on-chain and off-chain strategies. It allows liquidity providers to delegate liquidity management and share fee revenues.

Funding Amount: $4 million

Seed round investors: Polygon Labs, Uniswap Labs Ventures, etc.

Project Twitter: https://twitter.com/ArrakisFinance

Chaos Labs

Chaos Labs provides risk management tools to prevent and monitor malicious attacks, including protocol-specific risk assessments and expenditure optimization.

Funding Amount: $20 million

Seed round investors: PolygonLabs, PayPal, etc.

Project Twitter: https://twitter.com/ArrakisFinance

Exponential

Exponential analyzes investment risks through an institutional-grade risk assessment system, helping users discover yield opportunities across chains and protocols.

Funding Amount: $14 million

Seed round investors: Paradigm, Circle Ventures, etc.

Project Twitter: https://twitter.com/ExponentialDeFi

Alkimiya

Alkimiya allows consensus producers to create financial contracts backed by their "consensus resources" (such as hash power).

Funding Amount: $7.2 million

Investors in this funding round: Circle Ventures, Dragonfly, etc.

Project Twitter: https://twitter.com/alkimiya_io

Maverick

Maverick is the first dynamic distribution AMM that automatically concentrates liquidity and directs bets, improving capital efficiency and market liquidity.

Funding Amount: $8 million

Strategic round investors: Circle Ventures, Pantera Capital, etc.

Project Twitter: https://twitter.com/mavprotocol

TipLink

TipLink is a non-custodial lightweight wallet that allows you to transfer digital assets via links, enabling anyone to receive and control them from anywhere.

Funding Amount: $8 million

Seed round investors: Circle Ventures, Sequoia Capital, etc.

Project Twitter: https://twitter.com/TipLinkOfficial

Spectral

Spectral enables users to check their on-chain credit scores through its multi-asset credit risk oracle (MACRO) rating.

Funding Amount: $29.8 million

Investors in this funding round: Circle Ventures, Polychain Capital, Samsung Electronics, etc.

Project Twitter: https://twitter.com/SpectralFi

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