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Synthetix Raises $12 Million from 3 VCs, Focus on V3 and China

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Synthetix Raises $12 Million from 3 VCs, Focus on V3 and China

Synthetix Raises $12 Million from 3 VCs, Focus on V3 and ChinaSynthetix–a DeFi protocol enabling trustless derivatives trading, has raised $12 million in a round of funding spearheaded by three venture capitals, a confirmation on Feb 14 reveals. Direct Investment from Crypto-Focused VCs The three VCs are Paradigm, Coinbase Ventures, and IOSG. They purchased SNX tokens directly from the protocols Decentralized Autonomous Organization (DAO). Accordingly, they

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