Avantgarde Finance closes $5.5m Series A led by Blockchange Ventures
Summary
Avantgarde Finance today announced completion of a $5.5 million Series A investment led by Blockchange Ventures, a leading digital asset investment firm, along with a network of strategic investors including Placeholder VC, Jump Capital, Collaborative Fund, Acrew Capital, Coinshares and others.Avantgarde is building the first full service DeFi fund management platform that will deliver the ability to execute any on-chain strategy including derivatives, indexing, yield farming and alpha generation. The platform is being built utilizing the Enzyme infrastructure and other partner protocols. The services are applicable not only to DeFi entities, but also to DAOs, fund managers, treasuries and individuals.Avantgardes entry into the marketplace will mean the most innovative DeFi projects will, for the first time, have access to automated, smart-contract tools to enable the administration of their portfolios. Avantgarde will also offer access to its platform to the full spectrum of individuals, investment clubs, asset managers, VCs, institutional investors and treasurers interested in securely managing and investing in on chain assets.