ChainCatcher news, DeFi platform Azura officially launched on Tuesday after raising $6.9 million in a seed round led by Initialized. Other investors include Volt Capital, Winklevoss Capital, and Solana co-founder Raj Gokal.The funds will be used to scale the application, including increasing company payroll, improving software, and purchasing better servers.According to Web3 asset data platform RootData, Azura is building an on-chain financial interface layer.

ChainCatcher news, fintech company Caliza has completed a $8.5 million funding round, led by Initialized.It is reported that Caliza offers an API and frontend payment system that uses cryptocurrency stablecoins (specifically Circle's USD stablecoin USDC) and existing real-time payment networks to enable instant transfers, providing international merchants with U.S. digital dollar accounts.

According to Chain Catcher news and reported by CoinDesk, crypto options trading company Synquote announced the completion of a $2.8 million seed round financing, led by Initialized Capital, with participation from AllianceDAO, Coinbase Ventures, CMT Digital, Polygon, and Ryan Selkis. Synquote stated that it plans to use the funds to develop a decentralized derivatives contract trading platform for trading over 500 illiquid tokens, with plans to support these options trading on Polygon, Avalanche, and BNB Chain. (CoinDesk)