By Chainwire
3 min read
Belgrade, Serbia, October 28th, 2024, Chainwire
Streamflow, a key player in digital asset management, has announced the successful closure of a new funding round. Led by John Lilic, a pioneer in blockchain and seasoned investor, this round includes contributions from a range of prominent firms and individuals within the digital asset space. Notable backers include Jump Crypto, Solana Ventures, IVC, GBV, Genblock, Hypersphere, Amber, VentureDAO, T3E, Huobi, and Primeblock, as well as a roster of angel investors, including Stepan and Deni from Squads, Tamar, Arnold from Sphere, Ilja from Tensor, Jasper from Neodyme, Rooter from Save, Brian, Tomo, Shimon, and Samier from Fibonacci. This latest support aligns with Streamflow's mission to develop robust, scalable infrastructure for token creation, distribution, and ecosystem incentive structures throughout the token lifecycle.
Streamflow operates as a comprehensive Digital Asset Management Infrastructure, focusing on enabling token-based economies to develop and thrive on-chain. Tokens—encompassing forms such as digital identity, ownership markers, currency, and utility assets—play an increasingly pivotal role in blockchain ecosystems. The funding will further Streamflow’s initiatives to expand its suite of services for token management and incentive alignment.
Streamflow is honored to welcome an outstanding group of investors dedicated to advancing on-chain economies. Their strategic insight and experience are invaluable as the company works toward exponential growth across digital asset communities.
John Lilic, a seasoned blockchain advisor with a background in ConsenSys and as an early investor in Polygon, shared his perspective on the funding round: "I am an Ethereum OG who helped build that ecosystem from day one, and admittedly, I ignored Solana at first. However, I kept following my Twitter buddy Kyle Samani, and he made a convincing case in the public domain. After diving deep, it became clear to me that Streamflow has incredible people with a great work ethic and a deep commitment to the ecosystem."
Investor Roster and Industry Contributions
Alongside lead investor John Lilic, the round included contributions from major firms and individuals in the blockchain and digital asset space. Notable investors include Jump Crypto, Solana Ventures, and IVC, among others, with support from ecosystem figures such as Stepan and Deni from Squads, Tamar, Arnold from Sphere, and Brian and Tomo.
Strategic Developments Ahead in Q4 2024
Streamflow is preparing to launch new features designed to enhance token utility, community engagement, and reward alignment in Q4 2024, including:
Additionally, the forthcoming STREAM token and an updated roadmap underscore Streamflow’s commitment to evolving digital asset ecosystems.
With over 1 million users, 4,000 tokens valued at $600 million managed, and an all-time high TVL of $900 million, Streamflow continues its growth trajectory, furthering its impact on the on-chain economy.
About Streamflow
Streamflow is a leading Digital Asset Management Infrastructure, dedicated to optimizing the creation, distribution, and lifecycle management of tokens within decentralized ecosystems. As an infrastructure provider, Streamflow empowers projects to build token-based economies, enabling innovative use cases across identity, ownership, utility, and participation. With a proven track record of over 1 million users and support for thousands of tokens, Streamflow is committed to fostering sustainable growth within the blockchain and digital asset space.
For updates, users can follow Streamflow on X (formerly Twitter) @streamflow_fi.
Breno Mazza
breno@streamflow.finance
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