xBacked

Decentralized Stablecoin protocol For Algorand

Actualités connexes

xBacked: A decentralized stablecoin for Algorand

Medium 2021-11-03

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A propos de xBacked

Fondé

2021

Communauté

Étiquettes

DeFi

Stablecoin Protocol

xBacked is a decentralized stablecoin protocol that allows anyone with ALGO to mint xUSD, which is over-collateralized by assets such as Algo, BTC, and ETH.

Investisseurs

Borderless Capital

Arrington Capital

Delphi Digital

Mechanism Capital

0xVentures

Meld Ventures

Cluster Capital

Ellipti Ventures

Détails du financement

Cycle de funding	Montant	Estimation	Date	Investisseurs
Seed	€1.29M	--	2022-01-06	Borderless Capital* Arrington Capital + 6