Loopring
E Yanan Rd, Shanghai, 200000, China
Overview
Loopring is an opened source protocol based on smart contracts for decentralized exchanges on the Ethereum blockchain. Loopring allows for multiple exchanges to mix and match orders, off-chain order-matching and on-chain transaction clearing and payment. The company provides traders, participants, and institutions with a decentralized, automated trade execution system that intelligently implements their trades across the world’s crypto exchanges, shielding them from counterparty risk and reducing their trading costs.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Blockchain
- Cryptocurrency
- Decentralized Finance (DeFi)
- Ethereum
Investment portfolio
- Tritum
Participated · Seed · May 2022
Tritum develops trading, liquidity and exchange infrastructure for digital assets through its operating businesses Blocktane (a global crypto exchange) and Vesi (a high-frequency proprietary trader and liquidity provider). The company closed a $1.1M seed round in early 2022 and is a team of more than 10 people led by former electronic market-making and exchange leaders from Nasdaq, TMX, banks and HFTs. Blocktane has grown to over 250,000 users since launching its platform token BKT in June 2021 and is preparing a liquidity mining program to reward traders from a long-term BKT rewards pool. Blocktane recently integrated with Layerswap to enable direct withdrawals to Loopring and other Ethereum Layer-2 networks. Vesi connects to over 30 exchanges and provides market making on both order-book CEXs and DEXs, including contracted market-making services. Tritum plans to expand throughput and scale across its businesses and to launch products in data, insights, trading product issuance based on its indices and strategies, as well as offerings in credit, custody, web3 data and complex derivatives.