Royale Finance, led by CEO Giorgio Andrews, builds a cross-chain DeFi solution that uses liquidity pools to provide funding for iGaming startups that implement provably fair random number generation. The platform creates Web 3.0 smart-backed liquidity and operates a stablecoin collateral pool that disperses loans to iGaming developers while allowing them to retain equity. ROYA is the ecosystem governance token used to coordinate DeFi liquidity providers and to vote on which games to support. The protocol optimizes liquidity pools to provide sustainable yield and supports provably fair algorithms to increase transparency in online gambling. Following completion of their Version 1 Web 3.0 App, Royale plans to build a suite of provably fair games for online casino operators and transition the project to a Decentralized Autonomous Organization as the tech stack and ecosystem develop. The company raised $1.45M to expand its development efforts and to merge DeFi with the multi-billion-dollar iGaming market.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2021