Crypto Deal Flow: August 28–30
We spotted three big cryptocurrency deals over Friday and weekend.
- DODO| undisclosed sum| Framework Ventures and DeFiance Capital| seed
DODO decentralized exchange protocol has attracted seed round investments from Framework Ventures and DeFiance Capital. Earlier, other funds and private investors took part in the round. DODO is a modernized version of Uniswap, where there will be smoother price changes during trades and lower slippage, also liquidity providers will be able to deposit one token instead of two. The project is supported by the Chinese community.
2. DECO| undisclosed sum| Chainlink|acquisition
The Chainlink protocol acquired a Cornell University technology called DECO. The development of scientists allows you to make the data of oracles private. The essence of the data will be disclosed, but the data itself will not be disclosed. For example, you can find out that a person is definitely over 18 years old, without having to see his passport. A certain Zero Knowledge Proof for data from oracles. The amount of the deal was not disclosed
3. dHedge| undisclosed sum| LD Capital|private round
Decentralized copy-trading platform dHedge raised funds from LD Capital. Earlier, a number of funds have already invested in the platform (you can see them on the website). dHedge allows you to copy traders’ transactions, while the investor does not lose control over his funds. Synthetix is in partners.