Nibiru Chain
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Nibiru Chain - overview
Established
2022
Location
Palo Alto, CA, US
Primary Industry
Internet
About
Based in California, US, and founded in 2022 by co-founders Arjun Sethi, Sankha Banerjee, and Boris Revsin, Nibiru Chain operates as a developer of a blockchain platform used for trading using decentralized applications. In April 2023, Nibiru Chain raised USD 8. 5 million in seed funding led by returning investors Republic Capital and Tribe Capital, with participation from new investors NGC Ventures and Original Capital. Other new investors Acacia Digital, Alves Ventures, Basis Set Ventures, BECO Capital, Broadhaven Capital Partners, CapitalX, Cerulean Ventures, Cogitent Ventures, Cosmostation, HashKey Capital, Helikon Investments, Imperatore Travel World, Lecca Group, Meteorcap Ventures, SaxeCap, The Picks & Shovels Co.
, Token Metrics Advisers, VC3 DAO, and other unspecified investors also participated in the round. Nibiru Chain offers a sovereign proof-of-stake blockchain, an open-source platform that leveraged derivatives trading, spot trading, staking, and bonded liquidity provision, enabling users of over 40 blockchains to trade with leverage using a suite of composable decentralized applications. The company also creates composable yield in rising/falling regimes using decentralized perps and options. The company plans to use the seed funding to officially introduce its product, NIBIRU in the market.
Current Investors
Tribe Capital, Kraken Ventures, Republic Crypto
Primary Industry
Internet
Sub Industries
e-Financial, Web Development, Web Applications
Website
www.nibiru.fi
Verticals
Blockchain, Blockchain, FinTech
Company Stage
Angel & Seed
Total Amount Raised
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Nibiru Chain - employee data
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