Quick take:
- Peter Thiel’s Founders Fund, Solana Ventures and Framework Ventures are among the VCs that invested in the round.
- 43,244 Patron NFTs were sold across Ethereum, Solana, Arbitrum, Base, Polygon and Optimism.
- The NFTs have already been distributed to buyers on the Ethereum blockchain and are now available on OpenSea and Blur NFT marketplaces.
Infinex has raised $67.7 million from its Patron NFT sale. According to the announcement on Monday, Peter Thiel’s Founders Fund, Wintermute Ventures, Framework Ventures and Solana Ventures participated in the round, with Vitalik Buterin, Solana co-founder Anatoly Yakovenko and Aave founder Stani Kulechov among those who joined as angel investors, according to an announcement on X.
The company sold over 43,244 Patron NFTs across Ethereum, Solana, Arbitrum, Base, Polygon and Optimism, and as of Monday had already been distributed to buyers on the Ethereum blockchain and made available on the OpenSea and Blur marketplaces.
Infinex is a decentralised exchange platform developed by the Synthetix DeFi project. It supports multiple blockchains and aims to provide an experience similar to centralised exchanges.
“Infinex remains steadfast in its mission to ‘accelerate the extinction of centralised exchanges,” founder Warwick said in a statement. “Infinex’s vision is to simplify decentralised finance by creating a seamless, multichain user experience and providing the safest way to get on-chain.”
The company plans to use the capital to advance its features to the level of a centralised exchange, including spot trading, derivatives, and fiat on-ramps, among others.
Infinex claims its total value locked has surpassed $125 million. The company aims to simplify the use of multi-chain DeFi protocols by eliminating the complexities associated with managing multiple wallets and paying gas fees.
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