We are excited to announce a $2m strategic round from
@DraperDragon ,
@Anchorage ,
@FlowTraders ,
@Taisu_Ventures ,
@VesselVC ,
@solayer_labs ,
@2SquareCapital and
@Bering_Waters , with strategic backing from
@solanalabs
The idea is simple to say and was hard to build. You post tokenized US equities, you borrow stablecoins at 0% interest, and the lender is paid out of covered call premium written against your shares rather than out of a rate you pay.
Borrowing against your own portfolio does not have to cost you interest. We are bringing prime broker economics to the masses.
We are not on mainnet yet. Private beta is close. There is a lot still to build
Angels include
@giancarloMKTS ,
@toly ,
@rajgokal ,
@Dean_Swennumson ,
@ericinjective , and many more fantastic backers
Also special thanks to
@nickducoff ,
@EmonMotamedi , and
@samizb for believing in us early