15m Series Pantera CapitalMcsweeney Invests $15 Million in 0x Labs & McSweeney

15m Series Pantera CapitalMcsweeney is a venture capital firm focus on digital currency, crypto assets, and blockchain technology. The firm has recently invested in a new cryptocurrency called Balancer. It has been vocal about Bitcoin’s potential, predicting that Bitcoin could see a bull market in September 2020. Despite the recent volatility of the crypto market, Pantera Capital is not planning to slow down its investment strategy. It will continue to focus on decentralized product offerings and blockchain technologies.

Blockchain-Focused Institutional Investor

15m Series Pantera CapitalMcsweeney, a blockchain-focused institutional investor, has invested in 0x Labs. The company is working to develop decentralized exchange infrastructure. The company has also made contributions to the Ethereum protocol. With the funding, Pantera will continue to invest in startups with promising decentralized products. The company is looking to expand its Matcha product, which aggregates liquidity from various DEXs.

Open-Source Protocol

The startup has a plan to use the new funding to expand globally and continue development of its open-source protocol. It also plans to extend support for NFT swaps and also invest in the Matcha platform to aggregate liquidity across DEXs. Pantera sees its investments as part of a larger movement toward a more transparent financial system.

Round of Funding

15m Series Pantera CapitalMcsweeney has led the $15 million Series A round of funding for 0x Labs, a decentralized exchange infrastructure startup. The funds will be used to expand the company’s international presence. Launch a trading desk, and develop its open source protocol. Pantera plans to invest in a variety of promising companies in the future.

The company plans to use the funds to expand globally and also expand the company’s Matcha platform. Which enables users to swap NFT tokens on multiple chains. The company also plans to develop an open source protocol for NFT swaps. Ultimately, it aims to build a decentralized exchange, which will be transparent.

Matcha Platform

15m Series Pantera CapitalMcsweeney has invested in the Matcha platform. Which is a decentralized exchange protocol that powers the ShapeShift exchange. The new funding will be use to expand the company’s reach and also improve its platform. The Matcha router was launched in June and has already process $2.7 billion worth of trades. The company also plans to build a trading desk and continue to expand its open source protocol.

The Matcha platform is one of the newest products on the decentralized exchange space. The company recently received $15 million in equity funding from Pantera Capital, which will help accelerate the development of its platform and proprietary decentralized exchange protocol. This investment is the company’s first large series of funding, and it plans to use the money to expand globally and launch a trading desk. In addition to further expanding its Matcha platform. The startup will also continue developing the open-source protocol and an API to make its services available to third parties.

NFT Swap Features

NFT swap features allow users to trade multiple digital collectibles on one platform, improving exchange efficiency and reducing costs. This funding round led by Pantera CapitalMcSweeney will enable the company to expand its platform and also introduce new features. Such as liquidity aggregation and Matcha. Which can help users compare prices across multiple DEXs. In addition, the company plans to develop an API that will allow other developers to build products on top of its exchange platform.

The funds will be used to expand the company’s infrastructure and also expand its services globally. It plans to expand its platform by integrating more chains and also adding a trading desk. It also plans to extend its 0x API service to support other cryptocurrencies and tokens.

Pantera Capital Investment

McSweeney has raised $15 million in a Series A round of funding, led by Pantera Capital. The investment will help the startup expand its network and also platform around the world. It will also help the company build its own open-source protocol and API. Pantera Capital is a venture capital firm focused on blockchain and decentralized products. It has invested in 44 early-stage token projects and 26 venture equity deals.

Final Words:

The 15 million Series A funding of McSweeney Investment Company will help the company expand globally, and add a trading desk. And also further develop its open-source protocol. The company plans to expand its Matcha product, which aggregates liquidity from several DEXs, and create an API service that will allow developers to use the Matcha data.

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