3 years ago
Rysk Finance Raises $1.4M in Pre-Seed Funding for DeFi Derivatives
Rysk Finance, a London-based on-chain market maker for DeFi derivatives, has raised $1.4 million in Pre-Seed funding led by Lemniscap
The company will use the funds to enhance platform security, drive engineering and research efforts, and expedite the launch of Rysk Beyond.
ProblemFinancial Services
"Generate higher returns per unit of risk taken for liquidity providers"
Solution
"An on-chain market maker for DeFi derivatives, utilizing the Dynamic Hedging Vault (DHV) solution, a dynamic self-governing options AMM, to generate uncorrelated returns"