{"id":51579,"date":"2021-10-21T17:01:00","date_gmt":"2021-10-21T14:01:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51579"},"modified":"2025-09-03T00:25:36","modified_gmt":"2025-09-02T21:25:36","slug":"blockchain-com-leads-2-million-seed-round-for-symbiosis-finance","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/blockchain-com-leads-2-million-seed-round-for-symbiosis-finance\/","title":{"rendered":"Blockchain.com leads $2 million seed round for Symbiosis Finance"},"content":{"rendered":"<p>The multi-chain liquidity protocol <a href=\\\"https:\/\/symbiosis.finance\/\\\">Symbiosis Finance<\/a> has completed a $2 million seed funding round led by Blockchain.com Ventures, Forklog reported.<\/p>\n<p>\\n\\n<\/p>\n<p>Participants in the round also included Wave Financial, BTC Inc, KuCoin Labs, Injective Labs, DAO Maker, Primitive Ventures, Kairon Labs, Gate.io and Avalanche.<\/p>\n<p>\\n\\n<\/p>\n<p>The Symbiosis Finance team plans to launch a public testnet by the end of the week. The project will enable token swaps between major native <span data-descr=\\\"decentralized finance\\\" class=\\\"old_tooltip\\\">DeFi<\/span>-networks such as Ethereum, Binance Smart Chain, Polygon, Avalanche, as well as EVM-compatible networks and L2 solutions.<\/p>\n<p>\\n\\n<\/p>\n<p>In the near term, the team plans to add other networks, primarily Bitcoin, Solana and Terra. <\/p>\n<p>According to the developers of Symbiosis Finance, the protocol&#8217;s architecture uses an automated market maker (AMM) pool model, designed to avoid the need to pair all available assets with the protocol&#8217;s native token.<\/p>\n<p>\\n\\n<\/p>\n<p>Symbiosis Finance&#8217;s cross-chain routing provides the best exchange rate for the end user and ensures high efficiency for liquidity providers.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier ForkLog reported that the Hong Kong-based blockchain gaming provider Animoca Brands raised financing of $65 million. The company&#8217;s <a href=\"https:\/\/forklog.com\/en\/news\/animoca-brands-raises-65-million-at-a-2-2-billion-valuation\">reached $2.2 billion<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>Follow ForkLog&#8217;s news on <a href=\\\"https:\/\/twitter.com\/ForkLog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Twitter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The multi-chain liquidity protocol Symbiosis Finance has completed a $2 million seed funding round led by Blockchain.com Ventures.<\/p>\n","protected":false},"author":1,"featured_media":51580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[996,1093,1001,1133],"class_list":["post-51579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-com","tag-defi","tag-liquidity","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=51579"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51579\/revisions"}],"predecessor-version":[{"id":51581,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/51579\/revisions\/51581"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/51580"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=51579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=51579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=51579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}