Vega Protocol

About

Vega Protocol is a technology protocol for fully automated end-to-end financial product trading and execution.

Gibraltar,Gibraltar,Gibraltar
11 - 50
https://vega.xyz/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $5M
Industries: Blockchain,Financial Exchanges,FinTech,Trading Platform
Founded date: Jan 1, 2018
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Vega Holdings Limited

Vega is a technology protocol and crypto-asset for an open, blockchain-backed public network for fully automated end-to-end financial product trading and execution. Fully automated processes and incentives for trading margined financial products allow for markets that are open and decentralized, with pseudonymous participants. The platform of the company provides open and fair markets in which fees are shared by market makers, not owners, and governance decisions are made by the community, allowing financial institutions to open access, reduce costs, and enable a new wave of financial market innovation.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$10M

Vega Protocol has raised a total of $10M in funding over 2 rounds. Their latest funding was raised on Jun 2, 2021 from a Funding Round round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 2, 2021	Funding Round	—	1	—	—	Detail
Mar 18, 2021	Series A	$5M	20	Arrington XRP Capital Cumberland	—	Detail
Oct 2, 2019	Seed	$5M	12	Pantera Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

31

Vega Protocol is funded by 31 investors. Arrington XRP Capital and Cumberland are the most recent investors.

Investor Name	Lead Investor	Funding Round
Arrington XRP Capital	Yes	Series A
Cumberland	Yes	Series A
Pantera Capital	Yes	Seed
High Naut Capital	—	Funding Round
Coinbase Ventures	—	Series A
Alliance DAO	—	Series A
CMS Holdings	—	Series A
CMT Digital Ventures	—	Series A
Do Kwon	—	Series A
Eden Block	—	Series A