ChainCatcher news, Mantle ecosystem liquidity-linked currency market INIT Capital announced the completion of a $3.1 million seed round financing, led by Electric Capital and Mirana Ventures, with participation from BitMEX founder Arthur Hayes and his family office Maelstrom, Robot Ventures, Nomad Capital, Tangent Ventures, Bankless Ventures, Selini Capital, and Faction.It is reported that this round of financing will be used to enhance INIT's technical capabilities, market strategy, etc. INIT will also launch a new product called "Looping Hook" on February 28.