San Francisco based market maker focused on trading between pegged value crypto assets raised $7.5m in funding led by Polychain and Electric Capital.
“Partnering with founders who are building the future is at the core of what we do. Saddle’s team is mission-driven and the vision is big – from decreasing slippage between asset swaps to providing liquidity into Saddle pools,” said Niraj Pant, General Partner of Polychain. “Fundraising for an AMM requires partners who are mission-aligned and share a vision for the future of the industry, which is why we’re especially excited to partner with Saddle on this investment.”