Float Capital Inc. Asset Profile

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Year established

2021

Location

New York NY US

Primary Industry

Software

About

Based in New York, US, and founded in 2021, Float Capital Inc. operates as a magic internet asset protocol designed for financial services. In March 2022, Float Capital raised USD 5 million in seed funding from 6th Man Ventures, Alameda Research Ventures, Ascensive Assets, BENQi, Contango Digital Assets, CV VC AG, Daedalus Angel, Encode Club, Fawaz Group, FireEyes DAO, IDEO CoLab Ventures, Maven 11 Capital, MetaCartel Ventures, Morningstar Ventures, Nemo Ventures, Paribu Ventures, Raba Capital and Tendex GmbH. Float Capital offers platform that provides asset protocol and minting synthetic assets without over-collateralization, and no liquidations, enabling users in availing financial requirements. It also allows users to get capital efficient exposure to price movements, while the tokenised positions can be used in broader strategies, like collateralising them, locking them into vaults, trading them in pools. The company plans to use seed funding to become the go-to source for users seeking perpetual, tokenised long and short exposure with leverage.

Current Investors

Raba Capital, IDEO CoLab Ventures, Maven11 Capital

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Primary Industry

Software

Sub Industries

e-Financial, Analytics & Performance Software

Website

https://float.capital/?chain=137

Verticals

Blockchain, FinTech

Company Stage

Angel & Seed

Total Amount Raised

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