Home Concordia Raises $4M Led By Tribe, Kraken Ventures

Concordia Raises $4M Led By Tribe, Kraken Ventures

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Concordia Raises $4M Led By Tribe, Kraken Ventures

Concordia, a multi-chain risk and collateral management protocol for digital assets, has raised $4 million in a seed fundraising round led by Tribe Capital and Kraken Ventures, with participation from Cypher Capital and Saison Capital.

The fundraising comes on the heels of the protocol’s public testnet deployment on Aptos earlier this month. The mainnet is planned to start over the next few months, and Concordia will deploy on more chains concurrently.

(With inputs from Shikha Singh)

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