DeFi derivatives protocol Cega completes $5 million in financing

2023-03-28 01:37:23AICoinShare to:

SOL-1.81% ($20.51)

AICoin Newsletter Cega, an options-focused DeFi derivatives protocol, completed a $5 million financing, led by Dragonfly Capital, with participation from Pantera Capital and Robot Ventures. The latest funding round brings Cega's total funding to date to $9.3 million. It raised $4.3 million last March. Cega is a Solana-based derivatives protocol that focuses on exotic derivative structured products. Arisa Toyosaki, co-founder and CEO of Cega, said that Cega's options products are carefully designed to help traders "obtain safer income in volatile market environments," and the company provides native options for up to 90% of violent market fluctuations. gold protection. Cega plans to launch white label services in the future to develop strategies for other centralized and decentralized platforms. (Golden Finance)

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