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Trident Digital Group raised the $8 Million in a seed funding round.
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The startup founders are former bankers holding senior roles at Coinbase and MatrixPort.
Former Coinbase executives who founded Trident Digital Group have raised $8 Million in the seed round which is the first official equity funding stage. They will utilize the amount for developing their crypto lending business.
Anthony DeMartino is Trident’s CEO who previously worked as the head of Coinbase Risk Strategies which focuses on DeFi and derivatives trading. The launch of Trident comes after a dark period in the crypto market. The year 2022 was disastrous for crypto lenders.
No less than half a dozen borrowers and lenders collapsed into bankruptcy last year.
The list includes some names like hedge fund Three Arrows Capital to lenders like BlockFi Celsius Network and Voyager Digital. The reputation of the crypto lending companies has gone bad.
With the fresh money, Trident hopes to
We współpracy z: https://www.thecoinrepublic.com/2023/09/16/former-coinbase-executives-raise-8-million-in-seed-round/
