TLDR:
- Blueberry Protocol, a decentralized prime brokerage terminal based in Panama City, raised $2.5M in Series A funding.
- The funding round was led by White Star Capital, with other investors including Varys Capital, SNZ Capital, Alchemix DAO, Aquanow, and more.
Blueberry Protocol, led by CEO Jonathan Thomas, aims to empower users to create leveraged strategies with specific risk parameters to maximize capital efficiency. The platform offers decentralized access to leverage for DeFi on Ethereum with transparent risk management tools and an advanced leverage framework. The company plans to use the funds for team expansion and increased security measures.
The first protocol connected to Blueberry is Bloom, which introduces permissionless RWA yields with natively yielding returns. The system was built by Composable Corps, a development company with leadership experience from various financial institutions and early Bitcoin.
