Dexes
Maverick Protocol closes $8M strategic fundraising led by Pantera Capital
The investment round featured several VC firms that will have a significant role in the network’s planned mainnet launch The funds obtained will be used to advance the proprietary Automated Liquidity Placement algorithm and strengthen Maverick’s position in the DeFi derivatives space Decentralised derivatives protocol Maverick on Tuesday announced it had successfully completed an external funding round netting $8 million. The fundraising was led by California-based crypto-focused fund Pantera with participation from other names, including Circle Ventures, Coral Ventures, Altonomy, Tron Foundation, Gemini Frontier Fund, Jump Crypto, LedgerPrime and Spartan Group. Maverick intends to use the funds to release its Automated Liquidity Placement model and open asset-listing function ...
