Strips Finance

About

STRIPS was designed to allow users to trade, speculate, and hedge interest rates.

https://strips.finance/

Highlights

Details

Last Funding Type: Initial Coin Offering
Last Funding Money Raised: $2.50M
Industries: Bitcoin,Cryptocurrency
Founded date: Jan 1, 2021
Operating Status: Active

STRIPS was designed to allow users to trade, speculate, and hedge interest rates. STRIPS cutting edge AMM technology allows for cross-chain yield markets on the most popular DeFi and CeFi platforms.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$19.50M

Strips Finance has raised a total of $19.50M in funding over 2 rounds. Their latest funding was raised on Oct 6, 2021 from a Initial Coin Offering round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 6, 2021	Initial Coin Offering	$8.50M	4	Multicoin Capital	—	Detail
Jun 1, 2021	Initial Coin Offering	$2.50M	—	—	—	Detail
Oct 3, 2020	Initial Coin Offering	$8.50M	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

5

Strips Finance is funded by 5 investors. Multicoin Capital and Fabric Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Multicoin Capital	Yes	Initial Coin Offering
Fabric Ventures	—	Initial Coin Offering
Morningstar Capital	—	Initial Coin Offering
Sequoia Capital India	—	Initial Coin Offering
Digital Strategies	—	Initial Coin Offering