TechFlow News, Thruster Finance, the native DEX on Blast, has raised $7.5 million in a seed round at a $70 million valuation. The round was led by Pantera Capital and included participation from OKX Ventures, Mirana Ventures, ParaFi Capital, Manifold Ventures, Arche Fund (formerly Coin98 Ventures), as well as angel investors including Santiago Santos, Sam Kazemian (founder of Frax), TN Lee (founder of Pendle), Alex Lin (founder of Stacked), Kratik Lodha (founder of Renzo), and Georgios Vlachos (founder of Axelar).
The funding will support ongoing collaboration with leading builders to integrate Thruster’s products and liquidity into other top protocols across DeFi and NFFTi.
The round was structured as a Simple Agreement for Future Equity (SAFE) with token warrants attached. Thruster’s roadmap includes further partnerships and integrations, along with enhancements to user interface and experience to match that of centralized exchanges.
