solana 18m series polychain three arrows

Usually Series A investors come from the traditional venture capitalist sphere.

With multiple interested parties involved Orca has recieved interest and investments from firms such as Coinbase Ventures, Jump Capital, Sino Global Capitlal, Collab+Currency, DeFiance Capital, Zee Prime Capital, Solana Capital. During this round of investments the leaders were Three Arrows Capital, Polychain Capital, and Placeholder VC. Grace Kwon, the co-founder,stated that this was a token funding round in which ORCA it’s native tokens from their own private treasury to the investors. for a small company that is manned by only 8 people, this is a massive win.

About Orca

Orca claims to have the simplest user experience for coin swapping and makes way for Fair price indication, built-in token balances and much more.

Because of the risks involved, investment in a Three Arrows Capital fund is only suitable for sophisticated investors who can bear the loss of a substantial portion or even all the money the invest in the Fund without altering their standard of living, who understand the high degree of risk involved, believe that the investment is suitable based upon their investment objectives and financial needs and have no need for liquidity of investments.

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Solana 18m series polychain three arrows

ETH is trading at $3,032.71 at time of writing, according […] The post Ethereum Killers May Cut the Price of ETH in Half, According to JPMorgan Strategist appeared first on The Daily Hodl.Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures – Cointelegraph

Several prominent investors took part in the Orca fundraiser, including Three Arrows Capital, Polychain and Coinbase Ventures.

Ethereum Price Analysis: ETH Bulls Fight to Reclaim $3,000 as Market Struggles – CryptoPotato

Ethereum is still down 4.5% over the past 24 hours, but the coin is attempting to reclaim $3000 after finding .786 Fib Support.

Solana 18m series polychain three arrowstar

Capital, and Placeholder led a $18 million Series A fundraising round for Orca, a Solana-based decentralized exchange (DEX).

Coinbase Ventures, Jump Capital, Sino Global Capital, and Solana Capital were among the other investors in the investment round, according to Orca.

According to co-founder Grace “Ori” Kwan, this was a token funding round, which meant Orca sold its own ORCA tokens to investors from its treasury. Orca will use the funds to grow its team and continue developing its automated market maker (AMM) platform, according to Kwan.

Orca, which was launched in February of this year, intends to be the “go-to swap for the Solana ecosystem” by developing a next-generation AMM with the most user-friendly interface.

According to tracker DefiLlama, Orca is presently the eighth-ranked project in the Solana ecosystem by total value locked (TVL).


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QUICK POINTSSolana-based Orca has raised Series A funding, totalling $18 million.

Major industry leaders are backing the project,thus ensuring success.

  • Massive Win for ORCA
  • About Orca
  • More Funding Ahead

Massive Win for ORCA

During a recent Series A Funding round the Orca cryptocurrency exhange managed to raise $18 million in funding. For those that don’t know, Series A investors are ususally looking for companies that are involved with a great community and have great ideas and stategies to fulfill those ideas.

Series A funding round. The post Solana-based DEX Orca raises $18 million from Three Arrows Capital and others appeared first on The Block.Solana DEX Orca Raises $18M From Top VCs – Crypto Briefing

Orca closes it’s first investment round with allocations from Polychain, Placeholder, Three Arrows Capital, and Coinbase Ventures.

Decentralized Exchange on Solana Raises $18M in Series A Funding – Decrypt

Polychain, Placeholder, and Three Arrows Capital led a Series A financing round for Solana-based automated market maker Orca.

New Solana DEX Orca raises $18 million from Coinbase, Three Arrows, and others – CryptoSlate

Orca, a decentralized cryptocurrency exchange based on the high-speed Solana blockchain, announced today that it has raised $18 million in Series A funding led by Polychain, Placeholder, and Three Arrows Capital.

Timeline of Ethereum, SolanaCrypto stakeholder reacts to Solana’s 17-Hour outage – Cryptopolitan

Crypto stakeholder, Sam Bankman-Fried says Solana network outage is not new to crypto. Bankman says the outage was because of Solana rapid groeth.

Solana-Based DEX Orca Raises $18M Series A Funding – Coindesk

Orca will use the fresh funding injection to continue developing its automated market maker (AMM).

Ethereum Killers May Cut the Price of ETH in Half, According to JPMorgan Strategist – The Daily Hodl

A JPMorgan market strategist says the emergence of competitors dubbed as “Ethereum killers” is threatening the dominance of ETH in the smart contract space. Nikolaos Panigirtzoglou, a cross-asset research analyst at the banking giant, reportedly tells Business Insider that ETH’s “fair value” sits around $1,500.

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Kwan claims that the system created by them at Orca “improves what already exists in DeFi.” As raneked by DefiLlama and based on TVL( Total Value Locked) , Orca currently ranks eight of all projects based on the ecosystem created by Solana. Currently the TVL for Orca rests at $235M USD. Three Arrows Capital has claimed that Orca is a “critical addition” to Solana.

More Funding Ahead

The Series A round was the first external funding round for Orca with many more opportunities on the horizon. Kwon has stated that the project had also recieved a grant from the Solana foundation as well.

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