The startup aPriori specializing in on-chain infrastructure successfully raised $20 million in funding, indicating growing interest in its solutions for decentralized finance (DeFi).
What is On-chain Infrastructure and Why Does it Matter?
On-chain infrastructure refers to the systems and protocols built directly on the blockchain that enable various decentralized applications and services to function. aPriori, founded by former employees of Jump Trading, aims to create a robust trading infrastructure that improves liquidity and reduces friction in DeFi ecosystems.
Investment in On-chain Infrastructure: Details of aPriori's Funding
The recent $20 million funding round for aPriori attracted several notable investors, including Pantera Capital, HashKey Capital, and Primitive Ventures. This investment not only provides capital to the startup but also lends significant credibility due to support from both traditional finance companies and crypto funds.
How Does aPriori Revolutionize DeFi Trading?
aPriori is developing solutions that adapt algorithmic high-frequency trading strategies for decentralized finance. Key components of their platform include:
* Algorithmic HFT Techniques to optimize execution and liquidity on decentralized exchanges. * A Liquid Staking Platform that allows users to stake their assets efficiently. * Swapr, an AI-based decentralized exchange designed for smarter trading.
aPriori's successful $20 million funding round marks a pivotal moment in on-chain infrastructure development. Through the introduction of advanced trading technologies, aPriori is transforming decentralized trading and improving access to financial tools.
