Cyan Raised $2M in Seed Round Funding

Published on: 24.06.2022
Cyan Raised $2M in Seed Round Funding

Cyan, the Buy Now, Pay Later (BNPL) service for the metaverse, announced it has raised $2M in a seed round of funding.

Cyan raised $2M in a Seed Funding Round led by gumi Cryptos Capital (gCC) and Animoca Brands. OpenSeaFabric VenturesBastion Trading, and angels from The Sandbox and YGG also participated in the round.

Cyan’s Buy Now, Pay Later Service

Cyan’s Buy Now, Pay Later service allows consumers to make purchases and pay for them in the future, allowing users to finance purchases, re-collateralize their NFTs, and offer capital providers a way to stake into Vaults to earn a yield on financing metaverse assets.

Management Quote

Hence, Cyan plans to add more Vault categories. Integrate multiple blockchains including Solana, and deploy other unique features that do not yet exist in NFT financing.

Website | Twitter


Market Stats:
BTC Dominance: 52.44%(-0.29%/24h)
ETH Dominance: 17.95%(+0.00%/24h)
Defi Market Cap: $104.78B(-1.59%/24h)
Total Market Cap: $2566.6B(-1.33%/24h)
Total Trading Volume 24h: $95.74B(+15.05%/24h)
ETH Market Cap: $460.49B
Defi to ETH Ratio: 22.75%
Defi Dominance: 3.87%
Altcoin Market Cap: $1220.66B
Altcoin Volume 24h: $63.02B
Total Cryptocurrencies: 29928
Active Cryptocurrencies: 10067
Active Market Pairs: 83339
Active Exchanges: 772
Total Exchanges: 8609
BTC: 68305.39$(0.06%/1H)
ETH: 3835.25$(0.56%/1H)
AVAX: 37.24$(0.69%/1H)
BNB: 601$(0.22%/1H)
MATIC: 0.74$(0.92%/1H)
FTM: 0.82$(0.85%/1H)
ADA: 0.46$(0.23%/1H)
DOT: 7.43$(0.42%/1H)
UNI: 11.12$(0.04%/1H)
CAKE: 2.97$(0.73%/1H)
SUSHI: 1.27$(1.26%/1H)
ONE: 0.02$(2.26%/1H)