Participated · Equity · Sep 2022

MetaFi is a Dubai, UAE-based Web3 trading platform led by founder Matt Danilaitis. The company plans to build the Trading Metaverse, its first core product: a gamified social trading environment that aggregates major decentralized protocols with deep liquidity. The platform is designed as a seamless onramp for non-crypto audiences and aims to make trading fun, engaging, and social. MetaFi says the Trading World will be governed by its users. The company raised $3m at a $25m valuation and will use the funding to build its first core product. Backers included DoublePeak Group, Maven Capital, OKX Blockdream Ventures, Megala Ventures, Magnus Capital, Legion Ventures, SL2 Capital, X21 Digital, Good Games Guild, MetaGaming Guild, Mintable Go! Fund, and Athena Ventures. Over 90,000 people are waitlisted for the platform launch later this year.