HydraSwap Welcomes Strategic Investment by In Square Ventures
HydraSwap is pleased to announce a strategic investment from blockchain investors and incubator In Square Ventures.
As part of the HydraSwap private fundraising round, In Square joins an impressive list of blockchain and cryptocurrency investors, including Momentum 6, Kyros Ventures, Titans Ventures, and Definitive Capital. The proceeds from the strategic investment will go towards HydraSwap’s product and market expansion.
HydraSwap Empowers LPs With the Tools of Big Money Managers
At the core of the HydraSwap platform is the Hydra Market Maker (HMM), a smart engine that removes the computational and gas bottlenecks of EVM-based chains. Additionally, HydraSwap provides advanced trading modules including a fee settling model that compensates LPs for the level of volatility risk in the market.
On HydraSwap’s smart features, Ryan Lu, Co-founder of In Square Ventures commented,
“In Square Ventures (ISV) is one of the premier and fastest growing venture capital firms because we invest in rapidly-growing blockchain innovation like that demonstrated by HydraSwap’s HMM and advanced trading modules, and partner closely with their exceptional management teams. We are delighted to have HydraSwap join our portfolio of top-performing projects. ISV is widely known for working on a long-term investment thesis, nurturing startups alongside its prosperous portfolio to attain the vision of redefining the blockchain for a better world.”
Leading Blockchain VC Backs HydraSwap
In Square Ventures is a blockchain investment fund led by a team of seasoned blockchain investors. Dedicated to the mantra “We power growth,” the team combines hands-on investment management experience with an AI-driven data mining and machine learning approach to choosing investments in the blockchain space. With the HydraSwap investment, In Square expands its investments in the Solana ecosystem which includes Solana fundraising and trading platform Solanium.io.
“In Square has developed a reputation for selecting blockchain innovators that extract new value for token holders. HydraSwap’s entire suite of products has been designed to let LPs create more value by giving them the powerful tools of traditional financial market players like money managers and arbitrageurs. As we break down the barriers of AMMs to allow LPs to unleash full economic value, In Square’s experience on the cutting edge of DeFi will be invaluable.”
— The HydraSwap Team
Once HydraSwap closes its private fundraising round, the token generation event (TGE) will be announced. The utility token will give LPs access to HydraSwap 1.0 and the Cross-Chain Bridge 1.0, as well as the DeFi Arbitrage and Smart Aggregation modules, and half a dozen other advanced integrated trading modules to follow. HydraSwap’s one-stop CEX-level liquidity mining platform has been designed to bring liquidity mining without limits to DeFi.
About In Square Ventures
In Square Ventures (ISV) is one of the premier venture capital firms investing in high-growth blockchain projects. The partnership invests in rapidly growing blockchain innovation and partners closely with exceptional management teams to develop a portfolio of top-performing projects in the industry. ISV capital is supporting the future of blockchain startups by focusing on investment and incubation.
About HydraSwap
HydraSwap is a cross-chain DEX on Solana providing CEX-level trading, supported by a game-changing HMM core and powerful multi-module components. The next generation DEX provides cross-chain asset management solutions to traders and liquidity providers (LPs). By creating a seamless cross-chain infrastructure powered by its proprietary market-making algorithm, HydraSwap aims to serve the DeFi community in a whole new way as an interconnected ecosystem.
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