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Key people at Openfund.
Openfund operates as a fully on-chain order-book spot-trading exchange, built upon the DeSo blockchain. This platform offers a decentralized alternative to traditional centralized exchanges, aiming to provide similar levels of efficiency and ease of use. By leveraging blockchain technology, Openfund ensures transparent and immutable transaction records, enabling users to trade digital assets directly on-chain without relying on intermediaries. Its technical architecture prioritizes the benefits of decentralization while striving for an intuitive user experience.
The company emerged from the growing demand for decentralized financial infrastructure, addressing the need for secure and permissionless trading environments. Its development stems from the insight that the benefits of decentralization could be combined with the robust trading mechanisms of conventional exchanges. This approach aims to mitigate the risks associated with centralized control, such as single points of failure and opaque operations, by distributing control and maintaining transparency.
Openfund serves cryptocurrency traders seeking a secure and trust-minimized venue for asset exchange. The platform caters to individuals who prioritize self-custody and verifiable transactions within a liquid market environment. Its long-term vision is to establish a foundational trading layer for the decentralized web, fostering greater financial autonomy and accessibility for participants in the digital asset economy.
Key people at Openfund.
Openfund has 8 tracked investments across 5 companies. The latest tracked deal is $4.0M Series A in Welcome Pickups in March 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2019 | Welcome Pickups | $4.0M Series A | — | 7percent Ventures, 83North, Balderton Capital, Inovo VC, LUX Capital, Marathon Venture Capital, Market ONE Capital, VentureFriends, Alexis Pantazis, Mathias Ockenfels, Alejandro Artacho, John Tsioris, Howzat, Jabbar Internet Group |
| Apr 1, 2015 | Balena | $3.0M Series A | Draper Fisher Jurvetson | Marathon Venture Capital, GIL Dibner, Panos Papadopoulos |
| Jan 1, 2015 | Longaccess | $360K Seed | Openfund | Marathon Venture Capital |
| Apr 17, 2014 | Longaccess | $290K Other Equity | Openfund | — |
| Mar 1, 2014 | Workable | $2.0M Series A | 83North | Marathon Venture Capital |
| Jul 1, 2013 | Longaccess | $150K Seed | Openfund | Marathon Venture Capital |
| Jul 1, 2013 | Dopios | $160K Seed | Openfund | Marathon Venture Capital |
| Mar 4, 2013 | Workable | $780K Seed | Openfund | — |