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Cega raises $4m in Seed funding

San Francisco based DeFi derivatives company raised $4m in seed funding led by Dragonfly Capital Partners.

“When the market moves 10%, as a user that is staking into these products, you’re actually sometimes losing your principal. I wanted to think of something that creates that high yield that derivative products and crypto still create, but is also safer, and that’s how I thought of Cega.”

Tags

high yield, derivative, defi