TechFlow News — According to Blockworks, Orca, a decentralized exchange built on Solana, has announced an $18 million Series A funding round led by Polychain, Placeholder, and Three Arrows Capital, with participation from Sino Global, Collab+Currency, Coinbase Ventures, and Solana Capital. In an interview, Orca co-founder Grace Kwan said that Orca was one of the first DEXs built on Solana and will use the proceeds from this round to build a capital-efficient and user-friendly automated market maker (AMM) for its DEX.
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