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Peregrine Exploration - Undisclosed
Overview
Funding Date
August 29, 2024
Financing amount
$3.6M
Valuation
--
Catagory
Subcategory
About Peregrine Exploration - Undisclosed
Peregrine Exploration has raised $3.6 million in funding roun co-led by Polychain Capital and Dragonfly to develop a stablecoin protocol called Level. Other participants indcluded Robot Ventures, Pier Two, EIV, and Global Coin Research. Angel investors Balaji Srinivasan, Jeff Feng, Julian Koh, Sidney Powell and others were also involved.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2016 | 161 | info@polychain.capital | ||
Fund | United States of America | 2018 | 129 | info@dragonflycapitalpartners.com | ||
Fund | United States of America | 2019 | 111 | sayhello@robvc.com | ||
Uncategorized | Unknown | -- | 1 | -- | ||
Uncategorized | Unknown | -- | 1 | -- | ||
DAO | -- | 2018 | 22 | -- | ||
Angel Investor | United States of America | -- | 117 | -- | ||
Angel Investor | Unknown | -- | 1 | -- | ||
Angel Investor | -- | -- | 5 | -- | ||
Angel Investor | United States of America | -- | 3 | -- |
Company Profile / Project Introduction
Level is a stablecoin protocol powered by restaked dollar tokens like USDT and USDC. Level USD (lvlUSD) is a liquid restaked dollar: a yield-bearing, cross-chain dollar token that's backed 1:1 by restaked stablecoins.