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Texture - Undisclosed
Overview
Funding Date
November 4, 2022
Financing amount
$5M
Valuation
--
Category
Subcategory
About Texture - Undisclosed
DeFi yield platform Texture has raised $5 million in a round co-led by P2P Capital and Sino Global, and is now live in private beta testing. Other investors in the round include Wintermute, Semantic Ventures and Jane Street Capital. The funds were raised in the stablecoin USDC and the valuation was not disclosed.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2014 | 11 | [email protected] | ||
| Fund | Bahamas | 2015 | 39 | [email protected] | ||
| Fund | United Kingdom | 2017 | 72 | [email protected] | ||
| Fund | United Kingdom | 2017 | 24 | [email protected] | ||
| Fund | United States of America | 2000 | 19 | -- |
Founders & Team
Oleg Ravnushkin
Company Profile / Project Introduction
Texture is a DeFi platform running on the Solana blockchain. Its first product provides higher yields to those looking to stake their SOL tokens. It is using a leveraged staking strategy to achieve this, similar to tokens on Ethereum like the Interest Compounding ETH Index (icETH) and the ETH Max Yield Index (ETHMAXY).