Tech Company Financing Transactions

Drop Protocol Funding Round

Drop Protocol secured a $4 million Seed financing round on 10/17/2024. Investors included CoinFund, Anagram and CMS Holdings.

Transaction Overview

Company Name
Announced On
10/17/2024
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors

CoinFund (Lead Investor)

Anagram

CMS Holdings

Cosmostation

private investors (Jon Kol)

private investors (Mustafa Al-Bassam)

private investors (Vasiliy Shapovalov)

Proceeds Purpose
The company intends to use the funds to strengthen the economic viability of sovereign blockchain economies.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Whether you're staking a few tokens or managing millions, Drop ensures you get the most out of your assets. Stake with Drop to receive dAssets -- secure liquid staking assets that auto-compound staking rewards, can be sold when you want, and can be deployed across Drop ecosystem apps to earn additional yield.
Profile
Drop Protocol LinkedIn Company Profile
Social Media
Drop Protocol Company Twitter Account
Company News
Drop Protocol News
Facebook
Drop Protocol on Facebook
YouTube
Drop Protocol on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Mitya Argunov
  Mitya Argunov LinkedIn Profile  Mitya Argunov Twitter Account  Mitya Argunov News  Mitya Argunov on Facebook


 

 

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About Database of VC Transactions

We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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