Acala
The Liquidity Layer of DeFi
Singapore · Founded 2019 · $8.4M raised
- Founded
- 2019
- Business Model
- B2B2C
- Total Funding
- $8.4M
- Last Round
- $7.0M Series AAug 2020
- Rounds
- 2
About
Acala is a decentralized finance platform serving as the liquidity layer of Polkadot, offering DOT liquid staking, a decentralized exchange, and cross-chain asset routing. Its EVM-compatible infrastructure is trusted by institutions including Coinbase and Figment.
Summary
Acala is a Crypto & Web3 company based in Singapore, founded in 2019. It has raised $8.4M in total across 2 rounds, most recently a $7.0M Series A round in Aug 2020. Investors include Pantera Capital, Digital Currency Group and 1confirmation.
Tech & App Stack
6 technologies & apps tracked
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Funding History
Aug 2020
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Investors
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