TechFlow reports that composable options protocol Ithaca Finance ("Ithaca") has announced the completion of a $2.5 million pre-seed funding round co-led by Cumberland and Wintermute Ventures.
Other participants in this round include Room40 Ventures, Ghaf Capital Partners, and angel investors Andrew Keys, Co-Founder of DARMA Capital; Stan Miroshnik, Managing Partner at TenSquared Capital; and Georgios Vlachos, Co-Founder of Axelar.
In addition, Ithaca Finance has launched on the Arbitrum testnet and will begin an invite-only mainnet launch before full public rollout later this quarter.
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