Impossible Finance Closes Over $7 Million Funds From Top Global Investors

Published on: 04.06.2021

The platform that uses decentralized financial protocols to give everyone the same access to financial products, Impossible Finance proudly announced that they have earned over $7 million funds from top global crypto angels and investors.

The round was co-led by True VenturesCMS HoldingsAlameda Research, and  Hashed. In line with investors includes  Sino Global CapitalIOSGDivergenceGBVmgnr.io, LemniscapPrimitiveIncuba AlphaBR CapitalCoin98Ternary CapitalThe LAOMaple Leaf CapitalLonghashBitscale, and others. A number of individual angel investors also participated, including Sandeep Naiwal (Matic), Kain Warwick & Jordan Momtazi (Synthetix), Bette Chen & Ruitao Su (Acala), Bobby Ong & TM Lee (Coingecko), Larry Cermak (The Block), Calvin Liu (Compound), Leo Cheng (C.R.E.A.M.), Suji Yan (Mask), and others.

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.

ABOUT IMPOSSIBLE FINANCE
Impossible Finance,
previously the StableX.Finance project is a multi-chain incubator, launchpad, and swap platform. It is built by DeFi veterans from Binance and other top fintech firms. 

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