Blackedge Capital Leads DeFi Neo-banking App Scallop Funding Spherical, Raises $2.5M
- Scallop is ready to shut its first funding spherical of $2.5 million
- Blackedge Capital led the funding spherical.
- Additionally, Blackedge Capital added Scallop to its portfolio of outstanding blockchain startups
The world’s first regulated DeFi Neo-banking app, Scallop, is coming nearer to wrapping up its seed funding spherical. The undertaking has raised $2.5M from notable establishments and angel traders.
The spherical was led by Blackedge Capital and included new traders in addition to early backers of the enterprise. Not simply this however Blackedge Capital additionally added Scallop to its record of profitable blockchain startups.
The funding spherical noticed an attendance of varied high-profile traders. These included X21 Capital, .com, Magnus Capital, Amesten Capital, Marketcross, ZBS Capital, Solidity ventures, J8 ventures, and MahaDAO.
Scallop will leverage the ARTH (OTC:) token and work in direction of creating the primary inflation-proof financial institution a…