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Euclid Completes $600,000 Pre-Seed Financing

Euclid Completes $600,000 Pre-Seed Financing

CointimeCointime2024/05/10 00:07
By:Cointime

Euclid, a Web3 startup powered by Nibiru, aims to become a "decentralized unified cross-chain liquidity infrastructure". Euclid raised $600,000 through seed funding, with support from technology investment company Kahuna Network and angel investor Tomoaki Sato, as well as angel investors linked to Lavender Five, Andromeda, and Nibiru... The funds will be used for architecture and project development, business development, auditing, and marketing... This unified liquidity is achieved by creating a single real source ledger through a virtual network that all Euclid-integrated blockchains can seamlessly connect to settlement layer (Nibiru), providing the lowest slippage and most fair price throughout the ecosystem. The framework is based on Euclid's proprietary LiquiSync model, which enables easy access for any chain or protocol."

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