# Fyde Treasury

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fyde-treasury

- Industry: Financial Services
- Headquarters: Tortola, British Virgin Islands
- Website: www.fyde.fi/
- Total disclosed funding: $3.2M
- Latest round: Seed (Dec 19, 2023)
- Investors on record: 4

## About

Established in 2022 and based in Tortola, British Virgin Islands, Fyde Treasury Ltd. operates as a blockchain technology company that delivers treasury management solutions for beginners in trading. In December 2023, Fyde Treasury Ltd. raised USD 3.2 million in seed funding led by investor OP Crypto, with participation from Merit Circle, Big Brain Holdings, and Arrington Capital.

Fyde offers treasury and asset management for users in the decentralized finance (DeFi) space through a solution called the Liquid Vault where users can deposit over 100 whitelisted tokens and receive vault tokens providing diversified exposure to the crypto market. The platform facilitates yield generation through liquid staking tokens, and on-chain real-world assets with automatic reinvestment for compounding. Fyde utilizes a blockchain simulation engine for real-time calibration, ensuring a sustainable investment approach. 

The company intends to use the December 2023 funding to address the significant difficulties of managing treasury tokens for on-chain cryptocurrency worth billions of dollars.

## Funding rounds

- Seed, Dec 19, 2023, $3.2M — Arrington Capital, Inception Capital, Merit Circle, Big Brain Holdings

## Investors

- Arrington Capital — Seed
- Inception Capital — Seed
- Merit Circle (https://capitalatlas.ai/funds/merit-circle) — Seed
- Big Brain Holdings (https://capitalatlas.ai/funds/big-brain-holdings) — Seed