Tech Company Financing Transactions
Prime Protocol Funding Round
On 3/17/2022, Prime Protocol received $2.8 million in Seed investment from Arrington XRP Capital Fund, Framework Venture Partners and Jump Capital.
Transaction Overview
Company Name
Announced On
3/17/2022
Transaction Type
Venture Equity
Amount
$2,750,000
Round
Seed
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
1207 Natchez Road
Franklin, TN 37069
USA
Franklin, TN 37069
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Provider of multi-chain prime brokerage services intended to provide cryptocurrency-based credit services. The company provides collateralized loans for deposited assets, with cross-chain margining and competitive interest rate for every loan, thereby helping borrowers increase capital efficiency and diversify the portfolio.
Management Team
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