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Avantis Labs raises $4m in Seed funding

New York based DeFi derivatives company raised $4m in Seed funding led by Pantera Capital.

“We saw an opportunity to build a protocol that caters to the complex LPs. They’re not your run of the mill, average Joe; they’re very complex, sophisticated, on-chain, risk managing, yield-hunting individuals. The next big step was to build a protocol that caters to their individual risk profiles.”

Tags

defi, derivatives, capital markets