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Arjun Sethi’s Derivatives Protocol Nibiru Raises Maiden Funding At $100M Valuation

Arjun Sethi’s Derivatives Protocol Nibiru Raises Maiden Funding At $100M Valuation

09/23/22, 1:19 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgpalo alto
Industry
software development
Nibiru, a new derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5 million seed funding at a valuation of $100 million, two sources familiar with the matter told TechCrunch.

Company Info

Company
Nibiru
Location
palo alto, california, united states
Additional Info
Nibiru Chain is a breakthrough L1 blockchain and smart contract ecosystem sporting superior throughput and unparalleled security. Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infra, consensus, a comprehensive dev toolkit, value accrual.

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