Solv Raises Over $4 Million in Series A Round to Bring Voucher Finance to DeFi

Funding Rounds

Summary

Enso Finance Sets Up ‘Vampire Attack’ for Six Protocols in a Bid to Boo... Get daily crypto briefings and weekly Bitcoin market reports delivered right to your inbox. Shortly after being founded, the project received $1 million funding from Spartan Group, IOSG Ventures, Hashed, etc. “Over the year since its inception, Solv has built a strong network of investors and partners across the world, whose support is essential to the future of vouchers. The SOLV team has created the first standards allowing for the construction of these products — like bonds, convertible notes, and usable vesting tokens — to be built safely and efficiently.” Solv will use this round’s funds to launch new vouchers, expand globally, and recruit more developers and designers. Founded in 2020, is a decentralized marketplace for minting and trading NFTs that represent financial ownership, also known as “Vouchers.” Solv aims to resolve one of the most pressing problems in the emerging field of DeFi – the absence of an efficient and flexible tool to express complicated financial contracts.

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Amount $4.0M Total raised
Date November 30, 2021 Announcement date
Investors Reddit Lead investors
Company https://solv.finance/ Funded company

Classifications

industries
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applications
Time Accounting

AskAI Classifications

Labels
Healthcare Software SaaS Provider Operations Software

Linked Companies

Solv Health, Inc.
$10M to $25M