Truffle Ventures
360 Madison Avenue, New York, NY, 10017, United States
Overview
Truffle Ventures is a seasoned cryptocurrency investor, and your results will vary depending on your educational background, work experience, and background. Truffle Ventures does not personally invest in each investment that we train on. It does not know or track the typical results of our students due to the sensitivity and privacy of financial information. Truffle Ventures' strategies and investments are not always correct, and they are not always profitable. They may result in a total loss of investment.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Investment portfolio
- Archimedes
Participated · Seed · Feb 2023
Archimedes is a DeFi lending and borrowing marketplace that issues NFTs representing yield-generating stablecoin positions. Leverage takers receive an NFT that represents a position leveraged up to 10x the principal collateral amount. The platform emphasizes interoperability and efficiency and aims to charge stablecoin assets while addressing pool reward sustainability. By packaging positions as NFTs, Archimedes seeks to reduce pool hopping and lower portfolio management and capital deployment overhead for DeFi investors. The company intends to use newly raised funds to accelerate growth and expand operations. Archimedes is based in Miami, FL and recently closed a Seed round cited in the article.