The Impossible Fundraise

Published on: 13.06.2021

Impossible Finance is building a multi-chain ecosystem for promoting growth of DeFi liquidity and composability. Starting on Binance Smart Chain, Impossible Finance plans to also support other EVM chains, such as Ethereum and Polygon, with more deployments scheduled on future L2 solutions and other platforms. Impossible will also offer an AMM liquidity protocol which acts as the backbone of the ecosystem that features a fully decentralized incubator and launchpad for new projects in DeFi.

Recently, ImpossibleFi has closed over $7 million fundraising round from over 125 institutional and angel investors to redefine “launching” with the Impossible Decentralized Incubator Access (IDIA) token.

The round was co-led by True Ventures, CMS Holdings, Alameda Research, and Hashed.

The entire Impossible community is really excited to bring on such a diverse and impressive army of builders, angel investors, and strategic DeFi and trading-focused funds to help create the next generation of blockchain projects.

 

About Impossible:

Inclusive financial instruments via DeFi. Impossible Finance uses decentralised financial protocols to give everyone the same access to financial products, which were previously only available to institutions and select individuals.

 

🔽 INFO:

https://medium.com/impossiblefinance/the-impossible-launch-e3190c7a4e08

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