Aperture Finance Secures $250m Series A Funding

By Author: Ben Gross
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Aperture Finance, a decentralized finance (DeFi) platform that is at the forefront of AI-powered intents, has successfully raised a Series A funding round. This brings the total funding across all rounds to an impressive $12 million, valuing the project at $250 million. The funding round was led by renowned venture capital firms including Skyland Ventures, Blockchain Founders Fund, and Krypital Group. Notable investors such as Alchemy, SNZ, Stratified Capital, Tide, Cipholio, ViaBTC, CatcherVC, and Double Peak also participated in the round.

Aperture Finance is revolutionizing DeFi operations by introducing Intents, a groundbreaking approach that simplifies complex transactions. Unlike traditional methods, Intents allow users to specify their desired outcomes, making interactions with DeFi protocols more straightforward and accessible. By leveraging Uniswap V3, users can declare their end goals, such as liquidity rebalancing at specific price points, and transactions will only be executed when these conditions are met. The platform is already operational on 9 EVM-compatible chains, processing an impressive transaction ...
... volume of over $2.7 billion. It boasts more than 280,000 unique users and over 15,000 daily active users.

Yonkuro, Head of Crypto at Skyland Ventures, expressed his enthusiasm for the Intents architecture, stating, "Intents bridge the gap between sophisticated financial strategies and everyday DeFi users. By allowing users to articulate their financial goals in natural language, Aperture is democratizing advanced DeFi tools, making them accessible to a wider audience, ranging from retail investors to institutional players."

Aperture Finance's decentralized network of solvers calculates optimal transaction flows, which are then simulated and ranked by the platform's smart contracts. Initially launching with a centralized solver, the network has now expanded to include third-party solvers, further enhancing its capabilities.

More Information : www.techdogs.com/tech-news/pr-newswire/aperture-finance-secures-series-a-funding-at-a-250m-fully-diluted-valuation-to-build-intent-based-architecture-for-defi