Avantgarde Finance Closes $5.5M Series A Funding Round
Avantgarde Finance announced completion of a $5.5 million Series A investment led by Blockchange Ventures, a leading digital asset investment firm, along with a network of strategic investors including Placeholder VC, Jump Capital, Collaborative Fund, Acrew Capital, Coinshares and others.
Avantgarde is building the first full service DeFi fund management platform that will deliver the ability to execute any on-chain strategy including derivatives, indexing, yield farming and alpha generation. The platform is being built utilizing the Enzyme infrastructure and other partner protocols. The services are applicable not only to DeFi entities, but also to DAOs, fund managers, treasuries and individuals.
“We’ve already seen the world of traditional finance get turned on its head. Entirely new ways of investing are emerging and gaining popularity by the day, just as DAOs and large decentralized pools of capital are being created and amateur investing is exploding. The collision of these forces will require the automated management and administration of these pools of capital. Avantgarde is positioned to power that sea change.”—Avantgarde CEO Mona El Isa.
Avantgarde’s entry into the marketplace will mean the most innovative DeFi projects will, for the first time, have access to automated, smart-contract tools to enable the administration of their portfolios. Avantgarde will also offer access to its platform to the full spectrum of individuals, investment clubs, asset managers, VC’s, institutional investors and treasurers interested in securely managing and investing in on chain assets.
ABOUT Avantgarde Finance
Avantgarde is a DeFi Services for Treasury Management, Asset Management & Dapp Developers. Avantgarde helps you manage your crypto balance sheet in a safe and transparent manner while still taking full advantage of the rapid pace of innovation and iteration of new financial primitives.
