Paladin: Raises $2.55M in Seed Funding

Paladin Raises $2.55M in Seed Funding

  • Paladin, a Paris, France technological decentralization startup, raised $2.55m in seed funding
  • The round was led by Greenfield One and with the participation from Galaxy Digital, NFX, Semantic and angels
  • The company intends to use the funds to accelerate protocol development
  • The company is a technological decentralization company trying to reduce friction in on-chain governance process
  • To this end, the company has developed a vote lending market called Paladn Lending
  • The company is set to release in the coming weeks with UNI, COMP and AAVE as initially onboarded assets
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

PRA Proposes New Standards to Protect Firms from Bank Runs

New measures aim to enhance financial stability amid economic uncertainties.Highlights: PRA introduces new standards to prevent bank runs.The...

TSB Warns Over Surge in Friendship Fraud Cases

Bank highlights the risks of new friendship-based scams targeting customers.Highlights: TSB reports a rise in friendship fraud targeting...

Cleafy Strengthens Bank Fraud Protection with $12 Million Funding

The fintech firm aims to enhance its security solutions for digital banking.Highlights: Cleafy raises $12 million to enhance...

HSBC Strengthens Investment in Enterprise Payments Firm Candex

HSBC's latest investment aims to enhance enterprise payment solutions.Highlights: HSBC invests in Candex to improve payment technologies.The investment...