Index Coop
Latest round
- Seed
Last raised
- Jul 2021
Total raised
- $7.7M
Investors
- 7
About Index Coop
Index Coop, founded in 2020 and headquartered in the US, specializes in providing automated decentralized finance products.Index Coop specializes in automated decentralized finance (DeFi) yield and leverage products, primarily focused on providing users with opportunities for enhanced crypto exposure without traditional liquidation risks. Their core offerings include leverage tokens that allow users to amplify their positions in cryptocurrencies such as Ethereum (ETH) and Bitcoin (BTC) with target leverage ratios, facilitating automated rebalancing and built-in liquidation protection. Index Coop's products are actively utilized in multiple geographical markets, notably in North America, Europe, and Asia, where the demand for innovative DeFi solutions continues to grow.Index Coop generates revenue through various transaction structures associated with its DeFi offerings, leveraging fees from the minting and redeeming of their leverage tokens. Customers engaging with their services incur streaming fees, which are paid continuously in a block-by-block manner, as well as borrowing costs when utilizing leverage strategies. The company captures user engagement through its high-yield products, such as icETH, which allows users to earn leveraged staking rewards. Partnerships and collaborations with other DeFi platforms enhance the firm’s market presence, allowing them to reach broader audiences and provide additional value through integrated services. The company plans to develop new products aimed at expanding its offerings in the DeFi space. Geographic expansion is also on the horizon, targeting emerging markets in Asia and Europe by 2023.
Who invested in Index Coop
7 investors across 1 round
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Funding rounds
Seed
Jul 7, 2021
Amount
$7.7M
Investors
Questions about Index Coop
Who invested in Index Coop?
Index Coop has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Index Coop raised?
Index Coop has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Index Coop last raise money?
Index Coop's most recent round on record is a Seed, in Jul 2021.
What does Index Coop do?
Index Coop, founded in 2020 and headquartered in the US, specializes in providing automated decentralized finance products.
Where is Index Coop headquartered?
Index Coop is headquartered in US.
Which VCs invest in companies like Index Coop?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Index Coop's stage. Their profiles are linked below.
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