Bifrost

BifrostBNC

Decentralized derivatives protocol

About Bifrost

Founded

2019

Ecosystem

Community

Bifrost is a decentralized derivatives protocol that provides cross-chain liquidity for staked assets. It leverages Cross-Consensus Messaging (XCM) to offer cross-chain liquid staking services for multiple chains. The mission of Bifrost is to provide standardized cross-chain interest-bearing derivatives for Polkadot relay chains, parachains, and heterogeneous chains connected to Polkadot.

Team Members

T
Thibault PerréardHead of Strategy

Investors

SevenX VenturesSevenX Ventures
CMS HoldingsCMS Holdings
SNZ HoldingSNZ Holding
Digital Finance GroupDigital Finance Group
AltonomyAltonomy
Zonff PartnersZonff Partners
PAKAPAKA
Incuba AlphaIncuba Alpha
Kernel VenturesKernel Ventures
Oasis CapitalOasis Capital
Timestamp CapitalTimestamp Capital
Steve GuoSteve Guo
NGC VenturesNGC Ventures
Youbi CapitalYoubi Capital
LK VentureLK Venture
Digital RenaissanceDigital Renaissance
LongHash VenturesLongHash Ventures

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Angel
$1.55M
--
2021-01-27
SevenX VenturesSevenX Ventures
CMS HoldingsCMS Holdings
+ 10
Seed
$600.00K
--
2020-09-02
NGC VenturesNGC Ventures
Youbi CapitalYoubi Capital
+ 5