Convergence raised $2 M in a new round of funding on 2021-02-22.
CONV
CONV
-0.69%
According to media reports, Convergence raised $2 M in a new round of funding on 2021-02-22. the investors in this funding round include Hashed,NGC Ventures,Kenetic Capital,CMS Holdings,GBV Capital,CatcherVC,Alameda Research,Paul Veradittakit and others. Following this round, Convergence's total funding reached $2 M.
Convergence is an Automated Market Maker (AMM) that makes private tokens interchangeable in the DeFi space. It fractionalizes them using a single easy-to-use interface and makes them composable with other DeFi protocols. Originators can take advantage of DeFi's liquidity, while DeFi users can access exotic private exposure which was not available to them before. Convergence Finance combines the benefit of a lowered investment entry barrier with the liquidity, automation, and transparency features of DeFi, to bring exclusive investment exposure to all DeFi users.
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CONV Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| -- | $2 M | -- | 2021-02-22 | Hashed,NGC Ventures,Kenetic Capital,CMS Holdings,GBV Capital,CatcherVC,Alameda Research,Paul Veradittakit |
Key Milestones
- 2021-03$CONV was live for trading
- 2021-02-23Convergence raised $ 2 M in funding round
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| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
2.21% | 3.64% | 14.39% | 34.46% | 97.37% |
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