# GooseFX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/goosefx

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.goosefx.io
- Total disclosed funding: $4.5M
- Latest round: Seed (Oct 8, 2021)
- Investors on record: 12

## About

GooseFX is a decentralized finance platform offering a hybrid liquidity market maker called GAMMA, designed to optimize trading efficiency for a wide range of digital assets.Founded in 2021 and headquartered in Singapore, GooseFX operates as a decentralized finance platform that enhances trading within the crypto ecosystem. The company raised USD 4.5 mn in Seed funding in October 2021, led by SkyVision Capital, and participated in by multiple investors, including Animoca Brands Corporation Limited and Solana Labs, Inc. The CEO, Zoey Lee, oversees the company's strategic direction.GooseFX's primary product is GAMMA, a hybrid decentralized liquidity market maker that improves trading efficiency in the decentralized finance (DeFi) space. By employing advanced algorithms, GAMMA provides liquidity across various digital assets, allowing users, from individual traders to institutional investors, to execute trades effectively while minimizing slippage. The platform also includes SSL staking, enabling users to earn rewards through network participation and liquidity provision, targeting a global clientele across North America, Europe, and parts of Asia.GooseFX generates revenue through transaction fees collected on trades executed via its GAMMA platform. Each trade incurs a small fee that contributes to the company's revenue. Additionally, by forming partnerships with other blockchain projects, GooseFX can enhance its liquidity provision, further increasing revenue potential. Pricing plans for services like staking and trading fees are incorporated into the platform, reflecting the values of their offerings. Revenue is reinvested into the platform to support growth and improve service delivery.Following the Seed funding round on October 8, 2021, where GooseFX raised USD 4.5 mn, the company plans to utilize these funds to advance its development efforts and provide a comprehensive DeFi experience built on the Solana blockchain and the Serum DEX. GooseFX aims to introduce new products that enhance its service offerings while expanding into new markets, specifically targeting growth in North America and Europe by the end of 2022.

## Funding rounds

- Seed, Oct 8, 2021, $4.5M — Animoca Brands Corporation Limited, KuCoin, Solana Labs, Inc., CoinShares Ventures, GSR, Bixin Ventures, Gate Technology Incorporated, Double Peak Group, Genblock Capital, SkyVision Capital, Vitality Ventures, MEXC Global Ltd.

## Investors

- Animoca Brands Corporation Limited — Seed
- KuCoin — Seed
- Solana Labs, Inc. — Seed
- CoinShares Ventures (https://capitalatlas.ai/funds/coinshares-ventures) — Seed
- GSR — Seed
- Bixin Ventures (https://capitalatlas.ai/funds/bixin-ventures) — Seed
- Gate Technology Incorporated — Seed
- Double Peak Group — Seed
- Genblock Capital (https://capitalatlas.ai/funds/genblock-capital) — Seed
- SkyVision Capital (https://capitalatlas.ai/funds/skyvision-capital) — Seed
- Vitality Ventures — Seed
- MEXC Global Ltd. — Seed