seed round close
handle.fi multi currency stablecoins | the global defi FX protocol
The handle.fi team - builders of the global defi fx protocol - are excited to announce the recent close of our seed investment round.
Traditional fx markets trade in excess of $6.6tn per day, greater than entire market capitalisation of the crypto sector, and we are thrilled to bring this foundational infrastructure to the rapidly emergent defi space.
Project supporters include some of the worlds leading cryptocurrency investors, traders, and operators: Distributed Global, Lemniscap, DACM, CMS Holdings, OneBlock, Orthogonal Trading, Apollo Capital,MumeVentures, Hardfork Ventures,The Lao and Double Peak.
There has been a proliferation of USD stablecoin offerings, but defi is a global opportunity and, as it grows, it is inevitable users will require opportunities to settle, hedge, borrow, lend and speculate in other stablecoin currencies.
We’re delivering multicurrency stablecoins, capital efficient multicollateral portfolio margining, and ecosystem stability through rapid liquidation mechanisms and 1:1 redemptions.