a year ago

London's Arkis Secures $2.25M Pre-Seed Funding for DeFi Prime Brokerage

  • Arkis, a London-based DeFi prime broker, raised $2.25 million in Pre-Seed funding led by gumi Cryptos Capital, with participation from G1 Ventures, Blocklabs, and Roosh Ventures

  • The company offers on-chain risk management, enabling capital providers to safely provide undercollateralized loans to DeFi hedge funds

  • The funds will be used to expand operations and development efforts

  • Arkis also announced a strategic partnership with Edge Capital and integration with 1inch for enhanced liquidity aggregation

  • The company launched publicly in February after conducting its first transactions with DeFi funds during private beta in October.

      • ProblemFinancial Services

      "DeFi hedge funds often struggle to get the capital they need because traditional lenders are hesitant to lend to them due to the inherent risks of the DeFi space. This means that DeFi hedge funds are often forced to operate with limited capital, which can hamper their growth and profitability. "

      Solution

      "Arkis is building a DeFi prime broker that allows capital providers to safely lend to DeFi hedge funds by offering on-chain risk management. This allows DeFi hedge funds to access the capital they need to grow and expand their operations. Arkis also offers features that help to improve capital efficiency for borrowers, such as cross-margining and a liquidation planning and execution process."

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