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Taker Protocol Secures $3M to Build New Financial Primitives Into the NFTs Market

Published 09/20/2021, 10:30 AM
Taker Protocol Secures $3M to Build New Financial Primitives Into the NFTs Market

  • Taker Protocol announced it has raised $3 million from well-known investors.
  • It secured the fund to build new financial primitives into the NFTs market.

Taker Protocol announced it has raised $3 million from well-known investors. The crypto liquidity protocol for the non-fungible token (NFT) said it secured the fund to build new financial primitives into the NFTs market.

According to Taker Protocol, the round was led by Electric Capital, with DCG, Ascentive Assets, Dragonfly Capital, Spartan Group, The LAO, Sfermion, and Morningstar Ventures.

Taker Co-Founder Angel Xu commented, expressing his excitement about the investment fund.

We are absolutely thrilled to welcome so many well-established investment funds to the team. Their participation heralds an exciting new phase for the protocol as we seek to address persistent problems in the NFT lending market for the benefit of end-users. This investment will enable us to further optimize the liquidation of NFT assets across multiple blockchains, removing the barriers to entry that prevent new players from enter...

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