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Nibiru - Seed
Overview
Funding Date
September 23, 2022
Financing amount
$7.5M
Valuation
$100M
Category
About Nibiru - Seed
Nibiru, a new crypto derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5 million in seed funding at a valuation of $100 million. Tribe Capital, Republic Crypto and Kraken invested in the seed round, a source said, requesting anonymity as the information is not public.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 49 | [email protected] | ||
| Corporate | United States of America | 2016 | 52 | -- | ||
| Corporate | -- | -- | 43 | -- |
Founders & Team
Arjun Sethi
Sankha Banerjee
Boris Revsin
Company Profile / Project Introduction
Nibiru is a sovereign proof-of-stake blockchain, open-source platform, and member of a family of interconnected blockchains that comprise the Cosmos Ecosystem.
Nibiru unifies leveraged derivatives trading, spot trading, staking, and bonded liquidity provision into a seamless user experience, enabling users of over 40 blockchains to trade with leverage using a suite of composable decentralized applications.