Range Protocol Celebrates $3.75 Million Seed Funding Round Closure, Co-Led by HashKey Capital and Nomad Capital, and Supported by Spark Digital Capital, Mirana Ventures, Symbolic Capital, Asymm Ventures, and Comma3 Ventures.
Range Protocol is thrilled to announce the successful conclusion of a $3.75 million seed funding round. This milestone was achieved with the co-leadership of HashKey Capital and Nomad Capital, along with strong participation from Spark Digital Capital, Mirana Ventures, Symbolic Capital, Asymm Ventures, and Comma3 Ventures.
Range Protocol Secures Funding with HashKey Capital and Nomad Capital
The capital raised will be dedicated to advancing the development of Range’s comprehensive on-chain asset management platform. Additionally, it will be instrumental in expanding the Range team and fostering a vibrant community around the project’s vision.
Range understands that democratization is a core component of decentralized finance, and that this wouldn’t be complete without equal opportunities to trading strategies. As the new financial system continues to grow in the coming years, we believe that Range is well-positioned as the upstream of this value and will help drive systematic trading strategies forward for all
HashKey
This significant achievement sets the stage for multiple strategic partnerships and the imminent rollout of fresh verticals within the DeFi ecosystem.
Range envisions DeFi mirroring the evolution seen in traditional finance – a shift toward democratized access to advanced trading strategies. As DeFi matures, Range levels the playing field by offering a full DeFi Asset Management platform. We provide on-chain trading infrastructure, enabling everyday DeFi users to easily access professional automated trading strategies and enhance their yield. This encompasses strategies for liquidity provision, derivatives, NFT Finance, and liquid staking derivatives, all within multi-billion dollar sectors despite their early stages. Range Protocol is currently accessible on Ethereum, BSC, Mantle, Polygon, and Arbitrum.
With this investment, Range takes a significant stride toward achieving its vision of becoming a comprehensive on-chain asset management platform. We extend our heartfelt gratitude to HashKey Capital, Nomad Capital, and our esteemed group of investors for their unwavering support.
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