CAP - Undisclosed
Overview
About CAP - Undisclosed
Stablecoin company Cap has raised $11 million in seed funding from asset manager Franklin Templeton, trading firm Susquehanna, and investment firm Triton Capital. Other investors include market makers Flow Traders, Nomura's Laser Digital, GSR, and IMC Trading. Cap's valuation in the round was not disclosed.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 1947 | 32 | -- | ||
| Fund | United States of America | 2021 | 2 | -- |
Company Profile / Project Introduction
CAP offers a new option for users, which does not rely on endogenous models. It is opening the gate to a hidden side of yield that was previously only accessible to wealthy insiders and their institutions. These exogenous sources of yield, such as arbitrage, rank among the most profitable business models in crypto. However, due to their complexity, only a handful of actors have dominated the space. Through CAP, any user will be able to access this scalable, adaptive native yield.