[Funding alert] London-based Fyde Treasury Secures $3.2M in Seed Funding
Dec 23, 2023 | By Startup Rise EU
London-based Fyde Treasury secures $3.2M in seed funding. OP Crypto Ventures led the investment, in which additional funds and angel investors includes Arrington Capital, Big Brain Holdings, and Merit Circle.
The funds will be utilised by the business to expand both its operations and growth initiatives. Fyde Treasury is launching a liquid vault that gives consumers access to cryptocurrency native functionality and compliance.
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It handles governance preservation, income generation, asset diversification, and token liquidity well. Owners of Fyde Treasury tokens keep control of their tokens, deposit a range of digital assets into the liquid vault, and experience enhanced efficiency.
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This makes it possible for customers to have a painless, methodical approach to risk mitigation with DeFi. Users will also get incentives to trade the $TRSY liquid vault token, providing a reliable and efficient payment method.
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About Fyde Treasury
To address this significant issue, Fyde provides a comprehensive treasury management solution. With the help of our protocol, crypto treasuries may now diversify their holdings, access liquidity, and generate cash flow and income all in one convenient package. All of this without sacrificing governance rights or driving native token prices lower.