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The Venture Codex

Cobak

Bundangdong, Kyonggi-do, South Korea

Overview

Cobak is a domestic cryptocurrency platform. Cobak provides full text, coin chat, coin information, coin analysis, a free message board, advertising, and public relations services. They also provide Kobak Cash, cryptocurrency savings, and coin investment services.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Blockchain
  • Cryptocurrency
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Investment portfolio

  • Vee Finance

    Participated · Series B · Jan 2023

    Vee.Finance is a DeFi cross-chain lending protocol built on Avalanche that provides collateralized loans, liquidity mining, and direct leveraged trading by integrating multiple DEXs. Its smart contracts have been audited by SlowMist and CertiK, and the project scheduled mainnet launch for September 14. The protocol aims to lower the barrier for traditional finance users to access DeFi through friendlier product UX and higher capital efficiency via integrated DEX order books. After the recent financing, Vee.Finance plans to add a limit-order system that traverses integrated DEX order books for automated matching and execution, expand support to additional public chains based on community demand, and integrate decentralized derivatives trading. The team also launched a pre-mainnet airdrop to reward users who tested the Farm feature; the airdrop totals 240,000 VEE and will be distributed to the top 4,000 users by Farm yield (snapshot on Sept 14, 16:00; event began Sept 12, 10:00).

Team

No current team members are available.