Solana ecosystem DEX project Zeta Markets completes $5 million strategic financing, led by Electric Capital

2024-05-14 20:06:14

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ChainCatcher news, according to The Block, the Solana ecosystem DEX project Zeta Markets has completed a $5 million strategic financing round, led by Electric Capital, with participation from Digital Asset Capital Management (DACM), Selini Capital, and Airtree Ventures. Angel investors include Solana's Anatoly Yakovenko, Helius's Mert Mumtaz, Tensor's Richard Wu, and Pyth's Genia Mikhalchenko.

Zeta Markets founder Tristan Frizza stated that this round of financing, which just started recently, ended last week, and the structure of this round is a "pure" simple agreement for future tokens (SAFT).

According to the Web3 asset data platform RootData, [Zeta Markets](https://www.rootdata.com/zh/Projects/detail/Zeta Markets?k=MzAzNg== "DeFi derivatives built on Solana") is an under-collateralized DeFi derivatives platform that provides liquidity derivative trading for individuals and institutions.

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Zeta Markets DeFi derivatives built on Solana