The exchange aggregator and liquidity protocol announced the raise on Wednesday, saying that investors valued the project at $2.25 billion. The Series B round was led by Amber Group, with over 50 additional investors participating, including Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital and Gemini Frontier Fund, according to a press … [Read more...] about DEX Aggregator 1inch Raises $175M in Funding Round Led by Amber Group
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‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov
It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders Anton Bukov and Sergej Kunz developed a prototype DEX aggregator that became the basis of the network. DEX aggregators are platforms that source … [Read more...] about ‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov
BitPay wallet integrates 1inch Network DEX aggregator
1inch Network, a major decentralized exchange (DEX) aggregator and automated market maker, is broadening its reach by partnering with the veteran crypto wallet provider BitPay. The two companies announced today that 1inch’s DEX aggregation functionality will from now on be available for all users of the BitPay wallet — an app that allows individuals to manage, convert and spend … [Read more...] about BitPay wallet integrates 1inch Network DEX aggregator
DEX aggregator 1inch deploys on Optimistic Ethereum
Already deployed on Ethereum, Binance Smart Chain and Polygon, 1inch is now taking advantage of Optimism’s scalability stack for Ethereum Decentralised exchange (DEX) aggregator 1inch announced yesterday that it had deployed to Optimistic Ethereum (OΞ), an Ethereum Layer 2 solution created by Optimism. The 1inch platform enables users to take advantage of the most efficient … [Read more...] about DEX aggregator 1inch deploys on Optimistic Ethereum
1inch announces deployment to Optimism’s layer-2 solution
Decentralized exchange aggregator 1inch has announced its deployment on the Optimistic Ethereum, or OE, mainnet, highlighting a considerable reduction in user transaction fees and confirmation delays.Sergej Kunz, co-founder of the 1inch Network stated “the 1inch launch on Optimistic will facilitate a dramatic increase in transaction speed."While deposits utilizing the OE … [Read more...] about 1inch announces deployment to Optimism’s layer-2 solution