TechFlow news — IPOR Labs, a blockchain derivatives software service provider, announced it has raised $5.55 million in funding led by Arrington Capital, with participation from gumi Cryptos Capital, Space Whale Capital, New Form Capital, CMT Digital, C² Ventures, GSR, Bloccelerate, Mentha Partners, AG Build, Synaps, g1 vc, SOSV, Stateless VC, Next Chymia, CryptoDiscover, NxGen, and Panony. Additionally, angel investors in this round include Tegan Kline, Head of Business at The Graph; Aaron Choi, VP of Global Development at Kava Labs; Nico Arqueros, CEO of dcSpark; John O'Connor, Head of Africa Operations at Input Output (IOHK); and Joeri van Geelen, Founding Partner at NxGen.
The IPOR Index and IPOR Derivatives products were initially developed by IPOR Labs, a Zug-based company focused on derivatives software solutions. IPOR Labs' expertise spans protocol development, fixed income, interest rate derivatives, quantitative finance, exchange trading systems, venture capital, and software development.
IPOR is set to launch its public beta test by the end of April.
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