Exciting News from Aark: Seed Round Funding Secured!
Aark’s Milestone Achievement in the DeFi Space
London, UK, April 17th, 2024, Chainwire
Aark is thrilled to announce the successful completion of its Seed Round funding, attracting investment from industry pioneers such as HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest.
Aark’s Impressive Journey to Success
This achievement follows Aark’s Pre-Seed funding in the second quarter of 2023, which was led by Delphi Digital, with contributions from OKX Ventures and Big Brain Holdings.
Aark’s Revolutionary Approach to DeFi
Aark is a groundbreaking perpetual DEX that aims to revolutionize the DeFi space by utilizing LRT assets to enhance liquidity for perpetual traders.
Expanding Opportunities with New Investment
With the latest investment, Aark plans to expand its team to develop more scalable liquidity solutions, targeting the lucrative $10 billion TVL market. This will enable high-leverage trading of up to 1000x for long-tail assets.
Quotes from Industry Leaders
“Aark is paving the way for perpetual DEXs to outshine their centralized counterparts. We are introducing innovative DeFi concepts that are absent in traditional finance. With the support of our new investors, we are poised to elevate the on-chain derivatives industry to new heights,” said Eden, CEO of Aark.
“Aark’s unique exchange model, diverse composability, and focus on traditional finance make it well-positioned for significant market growth. We are excited to support Aark’s mission to transform the perp dex landscape,” said Stanely Wu from Hashkey Capital.
“With the increasing adoption of DeFi and bullish market trends, there is a growing need for projects that offer scalable and advanced trading solutions. Aark’s position as a leading perpetual DEX on Arbitrum makes it a key player in this space, and we are proud to support their growth,” said Danilo S. Carlucci from Morningstar Ventures.
About Aark
Aark is a trailblazing Leverage-Everything Perpetual DEX that leverages DeFi’s most liquid sector, LRT. By providing delta-neutral yields for LRTs, Aark enhances liquidity for traders, offering up to 1000x leverage for long-tail assets. Aark prioritizes security, scalability, and liquidity, driving innovation in the DeFi landscape.
Contact Information
Marketing: Ocean AARK [email protected]
Marketing: NJ AARK [email protected]
This article was originally published on Chainwire
