Ardana

company

About

Ardana is a decentralized stablecoin and DEX liquidity pool built on Cardano

Details

Last Funding Type
Funding Round
Last Funding Money Raised
$6.56M
Industries
Blockchain,Financial Services,FinTech
Founded date
Jan 2, 2021
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Ardana Labs, Inc

Ardana is an on-chain asset backed stablecoin protocol and decentralized exchange stable asset liquidity pool built on Cardano. The stablecoin is overcollateralized with on-chain Cardano native assets facilitating borrowing and the decentralized exchange allows for highly capital efficient trading between stablecoins and identical assets with low risk income from fees for liquidity providers.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$10.76M
Ardana has raised a total of $10.76M in funding over 2 rounds. Their latest funding was raised on Oct 28, 2021 from a Initial Coin Offering round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 28, 2021 Initial Coin Offering $1.50M Detail
Oct 15, 2021 Funding Round $6.56M 17 Ascensive Assets Detail
Aug 15, 2021 Seed $2.70M 4 cFund
Three Arrows Capital
Detail

Investors

Number of Lead Investors
Number of Investors
3
20
Ardana is funded by 20 investors. Ascensive Assets and Three Arrows Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Ascensive Assets Yes Funding Round
Three Arrows Capital Yes Seed
cFund Funding Round
Double Peak Group Funding Round
Extra Watts Funding Round
Faculty Group Funding Round
iAngels Funding Round
Justin Sun Funding Round
Kosmos Ventures Funding Round
Mechanism Capital Funding Round

Employee Profiles

Number of Employee Profiles
3
Ardana has 3 current employee profiles, including Advisor Trevor Koverko
Advisor
Executive
Advisor