Tracer DAO
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Tracer DAO - overview
Established
2021
Location
Aylesbury, -, UK
Primary Industry
Software
About
Founded in 2021 and based in Aylesbury, UK, Tracer DAO operates as a decentralized finance protocol. Patrick McNab is the founder of the company. In June 2021, Tracer DAO raised AUD 6 million in venture funding from Apollo Capital Partners, Digital Asset Capital Management, Distributed Global Ventures, Efficient Frontier, Framework Ventures, GSR Ventures, Maven 11 Capital, Paperclip Ventures, and Supernova. The company provides products including pools, swaps, strategies, and factory.
The firm’s product allows traders to trade without liquidations or margins. The mechanism uses a model to rebalance positions, protecting traders from liquidations and unlocking very long-term trading opportunities. The company’s partners include Framework, DACM, GSR, Apollo Capital, Efficient Frontier, and others. Tracer enables users to integrate it into a proprietary trading interface or a user-facing application.
Current Investors
Apollo Capital Partners, GSR Ventures, Efficient Frontier
Primary Industry
Software
Sub Industries
Internet, Application Integration Software, Accounting/Finance Software
Verticals
Blockchain, FinTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.