August (Formerly: Fractal Protocol) - Series A
Overview
Funding Date
March 7, 2025
Financing amount
$10M
Valuation
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Category
Subcategory
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About August (Formerly: Fractal Protocol) - Series A
Foresight Ventures, a leading crypto VC firm, announces participation in a $10 million Series A funding round of August, an on-chain prime brokerage and execution platform. The round was led by Dragonfly Ventures with participation from fellow notable venture capitals – 6th Man Ventures (6MV), FinTech Collective, Robot Ventures, Maven11, SCB Limited, and others. This investment accelerates August's on-chain prime brokerage capabilities, with a portfolio margin system enabling institutions to use staked assets and yield-bearing positions as collateral for structured products, OTC derivatives, and credit. With seamless cross-margining and enhanced capital efficiency, clients can hedge DeFi portfolios with CeFi rails—all within a single on-chain account. August supports 12+ blockchains, 250+ tokens, and 70 protocols, unlocking liquidity across any liquid asset.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 142 | info@dragonflycapitalpartners.com | ||
| Fund | United States of America | 2019 | 130 | sayhello@robvc.com | ||
| Fund | Netherlands | 2015 | 75 | joost@maven11.com | ||
| Fund | United States of America | 2019 | 75 | -- | ||
| Fund | United States of America | 2012 | 17 | hello@fintech.io | ||
| Corporate | Bahamas | 2022 | 5 | -- |
Company Profile / Project Introduction
Fractal is building web3 infrastructure allowing all on-chain financial assets to interact with and collateralize against each other via a universal margin account – starting with existing crypto assets and expanding to real world assets.Fractal is building web3 infrastructure allowing all on-chain financial assets to interact with and collateralize against each other via a universal margin account – starting with existing crypto assets and expanding to real world assets.