Magna develops a token vesting and DeFi investment management platform.
Magna develops a token vesting and DeFi investment management platform. The company's first product is Carta for Web3, where companies can manage their cap tables and distribute their token equity to employees, advisors, or investors. It aims to use locked tokens as composable building blocks to power collateralized lending, liquid secondary markets, and other DeFi applications.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Sep 15, 2022 | Seed | $15.20M | 2 | Tusk Venture Partners | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Tusk Venture Partners | Yes | Seed |
Protocol Labs | — | Seed |