TechFlow news, December 2 — Official announcement revealed that liquidity solution SecondSwap has completed a $1.2 million seed funding round. The investment was led by GSR and Animoca Ventures, with participation from E4 Capital, Yellow Capital, BCW Group, HGEN DAO, ARC Community, Nonco, and Libra Capita. The funds will primarily be used to expand SecondSwap's market functionalities.
SecondSwap provides an automated over-the-counter marketplace for illiquid assets. It leverages smart contracts to support token diversification, risk management, and transparent trading. Currently, SecondSwap is running on Ethereum's testnet and plans to expand across multiple blockchains. Its mainnet is scheduled to launch in January 2025.
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