St. Vincent, January 6, 2021 – Compendium.Fi Announces $2.5 million in strategic funding round to develop trading tools suite
This funding will support the continued expansion and development of the comprehensive trading tool platform. Compendium.Fi It also helps to expand the infrastructure of the platform. Compendium.Fi (https://compendium.finance/) is even better at doing IDO of CMFI tokens (https://compendium.finance/token) on Solanium later this month.
Some of the strategic partners and major industry players have also contributed to the strategic funding round, including Petrock Capital, Axia8 Ventures, Krypital Group, Globatech Group, Solar Eco Fund, Red Building Capital, TokenInsight Research, Zoomer Fund, Graviton Fund. , Solanium, Satori Research, StrangeQuark Ventures, and Renaissance Research Ventures, among many other generous influencers.
Jacob Ballou, Head of Ecosystem Development at Compendium.Fi Pointing out that Solana is a rich ecosystem with a highly liquid trading environment and a user-centric approach. “We are excited to expand our current trading tools offering. There are major exchange platforms such as FTX to on-chain as well as cryptocurrency-based platforms. non-custodial to the users Starting with Solana, the support we receive from our strategic partners and our growing community will be key to gaining market share during our expansion,” he added.
The platform is currently aiming to IDO and screen its current offerings to ensure a better experience for both retail and enterprise users. Compendium.Fi also offers many tools for this centralized trading platform, such as automated strategies, signal provider groups, and last year’s copy trading.
Phase 1 (https://dex.compendium.fi/) of Solana’s offerings, launched last month, include augmented aggregated tools including spot markets, simple swaps, token statistics, built-in network explorer, NFT launchpad and more. This was followed by more advanced features in the next two steps. The team is currently collaborating on product staking, automated trading pools, futures markets, borrowing and lending, and portfolio managers (extensive portfolio). manager). These core products also work in tandem with other organizations that provide robust data aggregation for the Serum markets on Solana.
“Building a thorough suite of trading tools is our ultimate goal,” says Jacob. “It’s not an easy task. But the framework has succeeded. And our team is ready to face those challenges. that users have access to everything they want both to manage the portfolio and to invest without abandoning the interface of Compendium.Fi is the most important thing.”
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