QuantAMM Secures $1.85 Million in Pre-Seed Funding Round for On-chain Asset Management Solution
London, United Kingdom, April 6th, 2024, Chainwire QuantAMM, the on-chain asset-management infrastructure provider, is thrilled to announce the successful closure of a $1.85 million pre-seed funding round. Investors such as 8VC, Mako, Marshland Capital and 369 Capital join the pre-seed funding round as well as influential TradFi and DeFi angels. This milestone follows QuantAMM's completion […]
London, United Kingdom, April 6th, 2024, Chainwire
QuantAMM, the on-chain asset-management infrastructure provider, is thrilled to announce the successful closure of a $1.85 million pre-seed funding round. Investors such as 8VC, Mako, Marshland Capital and 369 Capital join the pre-seed funding round as well as influential TradFi and DeFi angels. This milestone follows QuantAMM's completion of prestigious Longhash and Hypernest accelerator programs while Chainlink has also joined the cap table as part of QuantAMM’s membership of the BUILD program.
At the heart of QuantAMM's new generation of passive managed DeFi products are paradigm shifting AMM execution management advances. These novel breakthroughs reduce slippage and overhead for rebalancing assets, allowing the drastic potential to surpass the efficiency of even CEX-based products. QuantAMM product ranges include a new DeFi category of Blockchain Traded Funds (BTFs), available to native DeFi users in permitted regions, tailored solutions for family office portfolios and institutional asset reference tokens.
The QuantAMM team believes this new execution mechanism has tangible value-add for asset management, unlocking composable on-chain multi-strat solutions running TradFi quantitative strategies at L1-viable gas costs.
Co-founder Matthew Willetts said: “We are excited to partner with all our expert investors to build out a next generation DeFi protocol that is a positive sum for the space. Users deserve interpretable, battle-tested approaches for asset management to be made available on-chain, and with our advances we are delighted to be bringing it to them.”
Looking ahead, QuantAMM is gearing up for the launch of its V1 on the Ethereum mainnet and Layer 2 solutions in Q2, with announcements of launch partners anticipated shortly. The journey doesn't stop here; through 2024 and into 2025, QuantAMM will expand its offerings to include cross-chain solutions and a suite of infrastructure tailored for institutional clients.
Stay tuned for updates and be part of the future of decentralized finance with QuantAMM.
For more information and to follow our progress, visit quantamm.fi and our Twitter
Gurgaon, India, May 3rd, 2025, Chainwire
BetFury, a web3 gambling platform, has announced significant growth of its VIP Club, now featuring over 4,000 active VIP users and more than 5,100 total members. The platform offers more than 15 exclusive benefits and introduces a VIP Transfer Program, allowing players to transfer their VIP status from other casinos to BetFury.
About the BetFury VIP Club
The BetFury VIP Club is designed for players seeking access to enhanced gaming features, personalized...
Singapore, Singapore, May 3rd, 2025
On May 1, 2025, WEEX, the world’s leading cryptocurrency trading platform, made an impressive appearance at TOKEN2049 in Dubai. As a platinum sponsor of the event, WEEX not only showcased its global strategy and product portfolio at the main venue but also hosted a grand Open Day event at its Dubai studio before the conference. The event attracted over 300 guests on-site, with more than 3,000 registrations.
TOKEN2049, one of the most influential industry even...
Dubai, United Arab Emirates, May 2, 2025 – Over the past decade, blockchain innovation has largely revolved around infrastructure. From the rise of Layer 1 protocols and decentralized finance (DeFi) to recent developments in real-world asset tokenization (RWA), technical progress has been both rapid and expansive.
Yet even with over $90 billion in DeFi total value locked (TVL) as of early 2025, mainstream adoption remains elusive. For many consumers, interacting with crypto still involves unfami...