Angle Protocol raised $5 M in a Seed Round round on 2021-09-28.

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According to media reports, Angle Protocol raised $5 M in a Seed Round round on 2021-09-28.the investors in this funding round include Andreessen Horowitz,Wintermute,Fabric Ventures,Divergence Ventures,Global Founders Capital,Alven,Julien Bouteloup,Frederic Montagnon and others. Following this round, Angle Protocol has raised a total of $5 M, bringing its latest valuation to $50 M.
Angle Protocol is a novel stablecoin framework that achieves price stability and collateralization while maximizing capital efficiency. The protocol achieves stability by transferring collateral volatility to third-party users who seek leveraged long exposure with no funding rates.

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ANGLE Fundraising History
RoundAmountValuationTimeInvestor(s)
Seed Round$5 M$50 M2021-09-28Andreessen Horowitz,Wintermute,Fabric Ventures,Divergence Ventures,Global Founders Capital,Alven,Julien Bouteloup,Frederic Montagnon
Key Milestones
  • 2021-11-03
    Angle Protocol was live on mainnet
  • 2021-10
    $ANGLE was live for trading
  • 2021-09-29
    Angle Protocol raised $ 5 M in Seed round
24-Hour High
$0.01529
24-Hour Volume
$41.59K
All-Time High
$2.33
All-Time Low
$0.01116
Market Cap / FDV
20.15%
FDV
$13.16M
24-Hour Low
$0.01364
Market Cap
$13.16M
Circulating Supply
201.47M ANGLE
Total Supply
1.00B ANGLE
Max Supply
1.00B ANGLE
Market Sentiment
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