We are excited and proud to announce that Edge Protocol has completed a $1.75 million seed funding round to build the next generation of money markets. This will be a service on Terra’s ecosystem.
The financing for this round was led by Hased Along with strategic support by:
We would like to officially thank angel investors. Those who have supported us since the day we started this journey are:
The Edge Protocol team is grateful to have such a great investor.
Here are some quotes from our investors.
Do Kwon — CEO of Terraform Labs said: “I’m excited.”
HASHED — “Hashed is proud to lead the Seed round of Terra’s first money market protocol, where Edge puts lending and borrowing into the hands of individual users — and optimizes the capital of Terra’s acquired assets. Support through a decentralized model We are excited about Terra’s growth and there is no doubt that Edge will build a solid foundation as a key product in the ecosystem.”
Alliance — “We’ve met hundreds of young entrepreneurs, and the Edge team has the potential to become truly global entrepreneurs in the next 5-10 years, and we’re here to help them. He got there.”
Jason Choi — General Partner at Spartan Capital, “Edge is bringing the essential and proven DeFi fundamentals to the growing Terra ecosystem.”
Santiago R Santos — Investor Web3 “Excited to support Edge as the first financial market in the growing Terra ecosystem. Isolated lending market makes a lot of sense. And I am excited to support this A+ team.”
Ashwin Ramachandran — General Partner at Dragonfly Capital and Co-author of DeFi and the Future of Finance, “I am excited to support the Edge Protocol as they build one of the most exciting new lending platforms in DeFi. Behind the Edge is world class. And I’m excited to work with them. To build on the cornerstone of what I consider to be the most exciting new ecosystem for DeFi innovation, Terra.”
MapleLeafCap (Folius Ventures) — “Lending was one of the first DeFi foundations to appear on Layer 1/2 with swaps and stablecoins. It was pretty clear to us that a lot of new features would be introduced – and we felt like we were going to have to introduce some new features. A B2B loan solution that combines all these features. It is essential in other networks. For this reason, Folius is very excited to support the efforts of the young and diligent engineers at Edge Protocol in Thailand to further develop it in Terra!”
Wangarian “Terra’s ecosystem needs a very practical money market today, and the Edge Protocol fits this marketing gap perfectly. It allows any protocol to unlock native token functionality through a separate borrowing/lending marketplace. I am looking forward to seeing the team develop innovative solutions to drive the entire ecosystem forward.”
Matt Cantieri — General Manager, Anchor Protocol at Terraform Labs “Edge Protocol really excites me because it puts the power in the hands of the user: allowing the protocol and its users to create their own money market with direct revenue streams. It is a revolutionary model that embraces both Terra and the broader concept of crypto. And the potential to work with Anchor is undeniable.”
Sawit Trisirisatayawong — General Manager, Nebula Protocol at Terraform Labs. “Their vision is really exciting.”
Who are we?
Edge Protocol is a money market provider. It acts as a community based pool and portal building platform. to various credit groups, allowing people to access the desired market
Edge Protocol’s mission is to bring financial inclusion to everyone. We believe DeFi will stay and our responsibility is to harness the power and uniqueness of space ownership. on the Internet for our mission
Our mission is rooted in the belief that the direction of the banking industry should not be in the hands of any authority unless the people, and the Edge Protocol will do whatever it takes to change that.
What’s next?
The funds raised in this round will be used to strengthen our community and partnerships. and employ high-quality global talent. and improving our products to provide financial coverage for everyone.
We still have important updates and announcements scheduled for the next week. Please stay tuned through various channels.
Twitter: https://twitter.com/EdgeProtocol
Telegram Announcements Channel l: https://t.me/edgeprotocol
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