RAMP DEFI has raised over $1 million to make a cross-chain liquidity ramp for unlocking the staked digital assets. It has made its private sale in which the private sale innvestors are Alameda Research, ParaFi Capital, XRP Capital, IOST, Signum Capital, Ruby Capital, and Blockwater VC.
It closed its oversubscribed private sale with over $1 million (USD) raised. Private sale investors include Alameda Research, ParaFi Capital, XRP Capital, IOST, Signum Capital, Ruby Capital, and Blockwater VC. Alameda Research and other leading funds are backing the execution.
RAMP DEFI will initiate its public sale on August 29, 2020 after the private sale. RAMP DEFI will offer the participants 10,000,000 RAMP via public sale who successfully whitelist during the public sale. It will be soon in the listing of decentralized exchange Uniswap is expected to occur soon. RAMP recently made the partnership with Elrond to provide eGLD holders with RAMP solutions.
Lawrence Lim Project Lead declares, “We are thrilled to have the support of some of the most prominent investors in the blockchain industry. Many of these investors experienced first-hand inconveniences with locked liquidity and saw the value in what we are building. We are excited to work closely with them to bring the DeFi market a solution that will provide access to over $22 billion of staked digital assets that can now be efficiently utilized.”
RAMP DEFI is a cross-chain liquidity on and off ramp company engaged in unlocking liquid capital from staked digital assets.