TechFlow News — Nibiru, a derivatives protocol, has raised $7.5 million in seed funding at a $100 million valuation. The round was backed by Tribe Capital, Republic Crypto, and Kraken.
Co-founded by Arjun Sethi, a partner at Tribe Capital, and four other industry veterans, Nibiru aims to build the first mainstream decentralized multi-chain solution. The protocol is expected to launch its public testnet later this year, followed by mainnet deployment in Q1 2023.Source
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