# Spin Digital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spin-digital

- Industry: Software
- Total disclosed funding: $3.8M
- Latest round: Seed (Jan 30, 2022)
- Investors on record: 6

## About

Founded in 2021, Spin Digital Ltd operates as a blockchain technology company that provides a decentralized trading platform for crypto users. In January 2022, Spin Digital Ltd raised USD 3.75 million in seed funding led by Lemniscap, AngelDAO, GSR Ventures, and LongHash Ventures.

Spin Digital offers a decentralized trading and investment platform, a FinTech platform built on the NEAR blockchain that enables DeFi investors and Web3 users to trade digital assets. The company’s product line includes DOVs, a decentralized option vault that allows users to generate income by selling covered calls or cash-secured puts; Perpetual, a trading interface that allows users to trade assets and provides them with a graphical representation of assets; Spin Analytics, which provides data on the performance of Spin contracts; Sport, a trading interface that shows funding rate charts; Spin NFT, a platform that shows the collection of NFTs like Freaky Elves, which are designed to be used as utility NFTs on the Spin platform; and many more.

## Funding rounds

- Seed, Jan 30, 2022, $3.8M — GSR Ventures, The Spartan Group, ZMT Capital, Lemniscap, LongHash Ventures, AngelDAO

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Seed
- The Spartan Group — Seed
- ZMT Capital — Seed
- Lemniscap — Seed
- LongHash Ventures (https://capitalatlas.ai/funds/longhash-ventures) — Seed
- AngelDAO (https://capitalatlas.ai/funds/angeldao) — Seed