KeeperDAO Raises Seven-Figure Seed Investment From Polychain, Three Arrows
The funding comes at a time when DeFi has seen an explosion in growth.
Silicon Valley's Saddle is solving the stablecoin spread that currently dogs DeFi.
The round, said to be in the in the "tens of millions," was led by cryptocurrency venture capital firm Polychain Capital.
The Substrate-based chain is also working on a proof-of-concept “non-custodial” bridge for EVM chains to connect with the Bitcoin network.
The decentralized information marketplace, currently in beta, said the investment will help it improve the user experience.
The fund has raised $307 million in its four-year history of investing in crypto and SAFTs.