Struct Finance, a DeFi protocol, has announced the end of a $ 3.9 million seed round to develop tools that enable ecosystems to customize, configure and invest in decentralized structured products.
Twenty-four top companies participated in the funding round, including Blizzard Fund, Antler, Arcanum Capital, Asymetries Technologies, Avalaunch, AVentures Dao, Bison Fund, Bixin Ventures, Double Peak Group, FBG Capital, Infinity Capital Partners and Infinity Ventures. Crypto (IVC), Keychain Capital, Lancer Capital, Lucidblue Ventures, MC Capital Ventures, QCP Capital, SCC Investments, Skyvision Capital, Spark Digital, Wintermute, Woodstock, Zokyo, 0xVentures.
Struct Finance is a tool for financial institutions to use this new capital injection to easily customize interest rate products and configure them with options to build better structured products for different investor profiles. To build.
Structured products
Structured products leverage a sequence of different interest rate products, options, and other financial products to build investments that can adapt to different risk profiles, market expectations, and asset classes. With the advent of derivatives in the crypto market, structured products are a natural evolution for space. These sophisticated products are gaining in popularity (over $ 7 million in traditional finance) and have recently begun to gain attention in decentralized finance (DeFi), primarily in the form of covered calls and cash margin puts.
Challenges when creating structured products with DeFi
Today, many of the parameters available in various derivative products are static in nature, set primarily by protocol developers, and investors have no choice but to take or leave them. In addition, many of the protocols that offer these products are fragmented in liquidity as a result of having multiple maturities, but they continue to use storage capabilities, resulting in large volumes of transactions in shallow market depths. When done, it will result in significant slippage or significant changes in discount rates.
What is Struct Finance?
Struct Finance further extends the range of on-chain structured products by customizing interest rate products, configuring them with the options available in the ecosystem, and providing users with a way to build superior financial products. Enlarge. The platform expands the number of investment options available, enables different levels of protection, abstracts risk management, enables complex pricing away from the user, and at the same time is highly relevant for a variety of digital assets. We provide competitive yields. The team is currently launched on the Avalanche network, but will expand to other Ethereum virtual machine compatible chains in the near future.
“As the crypto market matures and DeFi takes hold, the need for advanced equipment that can support the demands of institutional and private investors is paramount. Struct not only provides this, but users Allows existing instruments to be constructed together and opens an endless array of strategies. The team behind Struct does nothing but build and implement these novel concepts. We are honored to be able to support your journey, “said Mark Stanwyck, co-founder of Avalaunch.
Brian Lu, founding partner of IVC, said:
“The Struct Finance team met in the Antler Singapore program. After a strong validation of their business ideas, the team founded Struct Finance and received pre-seed funding from Antler. More flexibility as the DeFi infrastructure evolves. We need a great investment product. Struct Finance is addressing this with an innovative protocol layer for DeFi’s structured derivatives, “said Antler partner Markus Bruderer.
For the latest information, you can contact Struct Finance via the following social media channels:
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