Synthetic asset platform Kresko Fi announced the completion of a $1.8 million strategic round of financing. Electric Capital and Zero Age Ventures led this round of financing, with participation from WAGMI Ventures, GTS Ventures, Oak Grove Ventures, MH Ventures, and Gui Laliberte. The newly acquired funds will be used to develop a more capital-efficient protocol and launch Kresko's mainnet, which is expected to be launched in the fourth quarter of 2023.
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Synthetic asset platform Kresko Fi completed a strategic round of financing of US$1.8 million, led by Electric Capital and Zero Age Ventures
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