Tapio Protocol Asset Profile

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Year established

2022

Location

Singapore Singapore

Primary Industry

Internet

About

Founded in 2022 and based in Singapore, Tapio Protocol operates as a software platform involved in the development of several DeFi (destructured Finance) protocols on Ethereum. In October 2022, Arrington XRP Capital, Hypersphere Ventures, and Polychain Capital co-led a USD 4 million in Seed funding for Tapio Protocol, with participation from 0xVentures, 11-11 DG Partners, CMS, D1 Ventures, Double Peak Group, Genblock Capital, LongHash Ventures, Paka Fund, The Spartan Group, and Valhalla Partners. Tapio Protocol is a Polkadot-based synthetic asset protocol that helps improve the efficiency of staking and crowd-loan derivatives on the Polkadot network for assets like the tDOT,3USD, and taiKSM. The platform addresses the issues associated with Blockchain adoption, such as liquidity being isolated on various parachains and each derivative format posing adoption challenges.

Current Investors

Valhalla Partners, CMS, The Spartan Group

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Primary Industry

Internet

Sub Industries

Internet, Application Integration Software

Website

www.tapioprotocol.io

Verticals

Blockchain

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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