Tech Company Financing Transactions
Level Funding Round
On 3/18/2025, Level received $2.6 million in financing from Dragonfly Capital, Echo and private investors.
Transaction Overview
Company Name
Announced On
3/18/2025
Transaction Type
Venture Equity
Amount
$2,600,000
Round
Undisclosed
Investors
Dragonfly Capital (Lead Investor) (Tom Schmidt)
private investors (Albert Chon)
private investors (Sam Kazemian)
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Level is the protocol behind Level USD (lvlUSD), a stablecoin backed by restaked dollar tokens. Level abstracts away the complexities of restaking, allowing lvlUSD users to provide economic security with their dollar tokens and earn restaking yield without exposure to the price volatility of cryptocurrencies like ETH and BTC.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
David Lee
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