Decentralised finance technology platform Kira has closed its seed round an oversubscribed round on $2.2m.
The investment was led by BTC12 Capital, with participation also coming from TRG Capital, NGC Ventures and Origin Capital.
This investment come shortly after it raised a seed round from Ascensive Asset Management and Alphabit Fund. The value of the former round was not disclosed.
Kira is looking to raise even more capital, with investors on the waitlist for a public round planned for Q4 2020.
The FinTech offers a decentralised solution, with the aim of helping users generate revenues from staking any cryptocurrencies, stablecoins, digital fiat and NFTs.
Its Interchain Exchange Protocol (IXP) service is a white label decentralised exchange solution, that supports cross-chain transfers and frictionless trading. The Multi-Bonded Proof of Stake (MBPoS) solution lets users build revenues by staking both cryptocurrencies and real-world assets such as fiat and commodities.
Finally, the Initial Delegator Offering (IDO) is a crowdfunding service where investors can put their existing tokens or assets at stake using a PoS networks to access a a new tokens.
Kira co-founder and CEO Milana Valmont said, “This latest round shows the confidence in the project from the crypto community and validates our vision for Kira and liquid staking. We are humbled to have received such unprecedented demand from investors and support from the ecosystem.”
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