pubDate: “2021-08-18” categories:
- “defi-news” tags:
- “blackedge”
- “cryptoapa”
- “eth”
- “mahadao”
- “scallop” coverImage: “Blackedge-Capital-Leads-DeFi-Neo-banking-App-Scallop-Funding-Round-Raises-2.5M.jpg” description: “Scallop, 2,5 milyon dolarlık ilk yatırım turunu kapatmak üzere. Blackedge Capital fonlama turuna liderlik etti. Ayrıca Blackedge Capital, Scallop’ı önde gelen blockchain girişimleri portföyüne ekledi. Dünyanın ilk düzenlemeye tabi DeFi Neo-banking uygulaması olan Scallop, tohum fonlama turunu tamamlamaya yaklaşıyor. Proje, dikkat çekici […] kaynaklardan 2,5 milyon dolar topladı.” updatedDate: “2021-08-20T07:45:12” author: Editor slug: blackedge-capital-leads-defi-neo-banking-app-scallop-funding-round-raises-2-5m draft: false heroImage: “/placeholder.svg”
It looks like you shared a press release or news article about Scallop’s recent funding round. Since you didn’t include a specific prompt, I have provided a structured summary and the key takeaways from the text below.
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Executive Summary
Scallop, the world’s first regulated DeFi Neo-banking app, is finalizing a $2.5 million seed funding round led by Blackedge Capital. The startup aims to bridge the gap between traditional financial regulations and Decentralized Finance (DeFi) accessibility by offering a unified platform for both fiat and cryptocurrency management.
Key Funding Details
- Total Raised: $2.5 Million (Seed Round)
- Lead Investor: Blackedge Capital (which has also added Scallop to its portfolio of prominent blockchain startups).
- Participating Investors: X21 Capital, Bitcoin.com, Magnus Capital, Amesten Capital, Marketcross, ZBS Capital, Solidity Ventures, J8 Ventures, and MahaDAO.
- Incubation: Scallop is the first project to be incubated by MahaDAO.
Product Features & Vision
- Inflation-Proof Banking: Scallop will leverage the ARTH token to create the world’s first inflation-proof bank account.
- All-in-One Platform: Allows users to securely manage both crypto and fiat currencies in a single place.
- Everyday Banking Utilities: Clients can make regular payments, set up direct debits, and send/receive international money transfers.
- Core Mission: To bring cryptocurrency into the mainstream, improve global financial equality, and offer DeFi-powered banking products for everyday use.
Leadership Endorsement
Pranay Sanghavi, Co-Creator at MahaDAO, praised the Scallop team for their talent and innovative approach to overcoming major obstacles in both the crypto and traditional banking sectors, noting their ability to create a “next-generation banking ecosystem in a smooth and seamless manner.”
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