Announcement:

IOSG Ventures’ investment in UMA

We are excited to announce our recent investment into UMA and we believe IOSG Ventures and UMA’s cooperation will add much value in the open finance community and bring fresh opportunities for new applications and use cases!

🐱‍🐉Industry

The project gave away a minimum of 400 UNI to anyone who had used Uniswap prior to September. Read more

Teller Finance, an algorithmic credit risk protocol for decentralized unsecured lending, is set to launch in October. Read more

Hakka.Finance has delayed the launch of DeFi insurance product 3F Mutual due to the high cost of Ethereum Gas. Read more

Huobi DeFi Labs Launches Global Alliance to Expand the Decentralized Financial Ecosystem with Cross-Border Collaboration. Read more

Japanese social communication giant LINE has launched LINK Rewards Program for its native token. Read more

Polkadot cross-chain DEX Zenlink secured $1.1 million angel round led by Hashkey, Continue Capital, IOSG Ventures, D1 Ventures, and Youbi Capital. Read more

WOOTRADE announced financial backing from prestigious institutional investors, including Three Arrows Capital, IOSG Ventures, QSN, the ventures arm of QCP Capital, and Defi Capital. Read more

USDC, backed by Coinbase and Circle, has a total market capitalization of $2 billion. In July, USDC’s total market value just topped $1 billion, which means it has doubled in value in two months. Read more

Polimec, the token issuance and transfer framework for Polkadot, is being launched by the team behind blockchain identity protocol KILT. Read more

Andre Cronje announced StableCredit, a new protocol for decentralized lending, stablecoins, and AMMs. Read more

DeFi Swap Goes Live on Ethereum Mainnet. DeFi Swap is the place to swap & farm DeFi coins, powered by CRO. Read more

BarnBridge Closes $1m Seed Round, investors includes Fourth Revolution Capital & ParaFi Capital. Read more

🐱‍🚀 Our portfolio companies

UMA announced the launch of the income-based U.S. dollar token uUSD based on renBTC asset collateral. Read more

Synthetix, a synthetic asset platform, will soon launch the Synthetix Volume Program, which aims to encourage other DeFi platforms and protocols to integrate with the Synthetix protocol. Read more

SynthetixDAO announced the launch of a binary options platform incubator program, looking for a development team to build a binary options trading interface on Synthetix. Read more

Mooniswap, an automated market maker service launched by 1inch, a decentralized transaction aggregation platform, has been integrated with the TRON blockchain. Read more

Avalanche announced mainnet launch on September 21. Read more

The IoT blockchain platform IoTeX (IOTX) will launch the first decentralized exchange mimo DEX on September 22. Read more

Kava will launch a new version Kava-4 on October 15th. This version will expand the assets supported on Kava to BTC, XRP, BUSD, LINK, etc. Read more

The open network platform NEAR Protocol (NEAR) is about to enter Phase 1, the mainnet restricted phase. The entire transition process will be completed on September 24. Read more

Nervos announced the Q4 roadmap: DEX, stablecoins, token agreements, cross-chain assets and oracles will be promoted. Read more

Filecoin announced that it will launch the second round of competition Space Race 2 to continue testing and improving Filecoin before the mainnet launch. The competition will end on October 5th. Read more

🦄 About IOSG

Founded in 2017, IOSG Ventures is a research and community-driven concept.we are focusing on Open Finance, Web 3.0, and cross-chain industry. We have over 60 investments and been actively involved in various developer & DAO communities. We invest in top teams with innovative ideas, operational excellence, and a robust community, and always supportive to IOSG portfolios to grow local communities in China, the US, and Germany.

If you would like IOSG Ventures to consider your project, please send a summary of your project along with a pitch deck and/or white paper to [email protected]