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THORSwap closes investment round as cross-chain DEXs take center stage By Cointelegraph


Cross-chain Decentralized Exchange THORSwap announced a private token sale of $3.75 Million backed by top venture funds in the blockchain industry. This is further proof that investors want to support market-ready DeFi platforms.

THORSwap will use the funding to expand its operations and development, as well as launch new products on top THORChain (the decentralized liquidity network that powers the exchange). IDEO CoLab Ventures led the private token sale with support from True Ventures and Sanctor Capital. Nine Realms, Proof Group and Sanctor Capital were also involved. Qi Capital, THORChain, True Ventures, Sanctor Capital, Nine Realms and Nine Realms participated.