SOMA.finance Closes $6.5M Seed Funding Round

HONG KONG – SOMA.finance, a Hong Kong- and New York-based decentralized marketplace for digital assets, raised $6.5M in Seed funding.

The round was led by Animoca Brands, with participation from Kenetic Capital, Griffin Gaming Partners, GSR, Token Bay Capital, Mind Fund, UNKNOWN VC, FOMOcraft, BCW Group, Tai Ping Shan Capital, Gate Ventures and 0x Ventures.

The company intends to use the funds to offer its services globally (including in the United States), such as the ability to list Regulation CF, Regulation D, Regulation S and Regulation A offerings. Led by John Patrick Mullin and Bill Heyn, SOMA.finance provides a decentralized marketplace for digital assets, compliant digital securities, and NFTs. As a joint venture between DeFi Platform MANTRA DAO and Tritaurian Holdings, owner of FINRA licensed broker-dealer Tritaurian Capital, SOMA will be a fully compliant DEX and suite of products for institutional and retail investors. It will include features such as built-in KYC/AML, the ability to trade digital assets of all kinds, including STOs and NFTs, and permissionless regulated AMM.

23/01/2022