Skolem Technologies
181 Bay Street, Brookfield Place, Toronto, Canada
Overview
Skolem Technologies is a full‑stack institutional DeFi platform that provides asset management, trading execution, and infrastructure to enable institutions to participate directly in DeFi markets. Its platform offers a robust infrastructure and a unique interface layer delivering reliable execution, an easy-to-use web UI and API, and full trade lifecycle support. Skolem's execution technology is available on an invite‑only basis and is designed to let clients access DeFi without substantially increasing technical headcount or portfolio risk. The company was founded in 2020 and is led by JP Smith, formerly of Trail of Bits. Skolem announced a $20 million Series A led by Galaxy Digital and intends to use proceeds to build out its team and scale the platform's technological capabilities. The company framed this expansion against a growing DeFi market—DeFi Llama reports $111.86 billion in TVL and a 713% increase in assets under management over the past 18 months.
- Total raised
- $20M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Jun 2022
Industries
- Cryptocurrency
- Financial Services
- Software
Recent funding
Series A
Jun 2022
$20M