TechFlow News, December 13 — According to PR Newswire, decentralized derivatives protocol Symmio has raised $3.1 million in funding. This includes $2.1 million in new investment from Spartan Group, Orbs, MCLB, and Blockchain Founders Fund, as well as previous investments from @AgentChud, MS2 Capital, Gametheorizing (Selini Capital), GMoney, and Prime Ventures.
Symmio is an intent-centric derivatives settlement layer designed to address liquidity and fragmentation issues in DeFi. It currently supports Arbitrum, Base, BSC, and Mantle networks. Symmio plans to conduct its TGE on December 16, 2024, launching its token on the Base network.
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