Synonym Finance
Latest round
- Seed
Last raised
- Jan 2024
Total raised
- $1.5M
Investors
- 4
About Synonym Finance
, doing business as Synonym Finance, provides a decentralized finance (DeFi) cross-chain money market platform for lending and trading. Synonym employs a universal cross-chain credit layer built on the Wormhole xChain Technology Stack, incorporating advanced technologies such as Circle's CCTP. The platform enables seamless lending and borrowing across multiple chains through a single, user-friendly interface. Synonym's liquidity model combines the strengths of multiple strategies, aligning the interests of lenders, borrowers, and protocol stakeholders to optimize liquidity outcomes.
Who invested in Synonym Finance
4 investors across 1 round
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Funding rounds
Seed
Jan 24, 2024
Amount
$1.5M
Investors
Questions about Synonym Finance
Who invested in Synonym Finance?
Synonym Finance has 4 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 Synonym Finance raised?
Synonym Finance has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Synonym Finance last raise money?
Synonym Finance's most recent round on record is a Seed, in Jan 2024.
What does Synonym Finance do?
, doing business as Synonym Finance, provides a decentralized finance (DeFi) cross-chain money market platform for lending and trading.
Where is Synonym Finance headquartered?
Synonym Finance is headquartered in Toronto, Canada.
Which VCs invest in companies like Synonym Finance?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Synonym Finance's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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