TLDR:
- Aperture Finance raised Series A funding valued at $250 million to build intent-based architecture for DeFi.
- Aperture’s innovative platform uses Intents to simplify DeFi operations, making it accessible to a broader audience.
Aperture Finance has secured Series A funding totaling $12 million, with a fully diluted valuation of $250 million. Led by venture capital firms such as Skyland Ventures and Blockchain Founders Fund, the funding will support the development of the platform’s intent-based architecture for decentralized finance (DeFi). Aperture’s platform leverages a novel approach called Intents, which allows users to specify their desired outcomes in natural language, simplifying interactions with DeFi protocols.
The platform is already operational on 9 EVM-compatible chains, with a transaction volume exceeding $2.7 billion and over 280,000 unique users. By bridging the gap between advanced financial strategies and everyday users, Aperture aims to democratize access to complex financial instruments in the DeFi space. The new funding will further expand Aperture’s solver network and enhance user experience with the integration of a Large Language Model (LLM) interface.
Institutions such as Skyland Ventures and Krypital Group are confident in Aperture Finance’s potential to transform the DeFi landscape, with plans to launch the $APTR token on Bybit on May 31, 2024. With a team comprising experts from technology and finance backgrounds, Aperture is poised to revolutionize the DeFi experience by offering institutional-grade intelligence to all users.
