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Tokemak raises $4M from Framework and DeFi investors to build a ‘liquidity reactor’

Published 04/20/2021, 01:30 PM
Updated 04/20/2021, 03:00 PM
Tokemak raises $4M from Framework and DeFi investors to build a ‘liquidity reactor’

Fractal, an established trading firm, is pushing to expand into the world of decentralized finance with Tokemak, a project the team refers to as a “decentralized liquidity reactor” for DeFi.

The company announced on Tuesday a $4 million investment round led by Framework Ventures, a well-known DeFi investment fund known for its bets on Synthetix and Chainlink. Other major funds such as Electric Capital, Coinbase Ventures, North Island Ventures, Delphi Ventures and ConsenSys also joined the round.

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