Unicorn Nest news
Domination Finance Raises $3.2 Million in Seed Round to Scale Dominance Derivatives DEX
– Domination Finance, a non-custodial, decentralized exchange for dominance pairs, announced the successful completion of a $3.2m seed round involving top investors in the blockchain and cryptocurrency space.
– The venture’s now operational platform allows users to trade Bitcoin Dominance (BTCDOM), Ethereum Dominance (ETHDOM), and Tether Dominance (USDTDOM) in a way that was not previously available, aiming to provide global users with sufficient liquidity, low latency, and high price accuracy.
– Led by ParaFi Capital, an alternative investment firm focused on blockchain and decentralized finance markets, the funding round included such investors as Dragonfly Capital, AU21, Shima Capital, LD Capital, Huobi Ventures, OKEx BlockdreamVentures, KNS Group, GSR, CoinGecko and an impressive list of angel investors.
Unicorn Nest news
ZenLedger Raises $6M in Series A Funding
– ZenLedger is a cryptocurrency tax software and blockchain analytics startup.
– Company raised $6m in Series A funding.
– The round was led by Bloccelerate VC with participation from Mark Cuban’s Radical Ventures, G1 VC, Borderless Capital, 4RC, Centrality, BIGG Digital Assets, CoinGecko, Accelerator Ventures, angel investors Jon Staenberg and Darren Lau, as well as previous investors Vestigo Ventures, Castle Island Ventures, Migration Capital, Blackwater Capital, and Karl Muth.
– The company intends to use the funds to release its cryptocurrency portfolio management solution, to grow its team through new hires in marketing, enterprise sales, customer service, and software engineering, to further advance the product and customer experience.