“DeFi markets are constantly evolving, making it difficult for institutions to easily trade, record, and engage in the market in a secure and dependable way. At Skolem, we are firm believers that DeFi will change our world over the next decade, and we are committed to increasing access to this important market by developing a scalable platform that can safely provide an entry point,” said JP Smith, Founder and Chief Executive Officer of Skolem. “This fundraise underscores our partners’ confidence in Skolem’s platform and the much-needed reliability it offers institutions to help them and DeFi markets flourish.”

https://www.businesswire.com/news/home/20220608005398/en/Skolem-Technologies-Raises-20-Million-to-Enable-Institutional-Grade-Access-to-DeFi