TLDR:
- Aperture Finance raises Series A funding round totaling $12 million, valuing the project at $250 million.
- Platform uses Intents to simplify DeFi operations and make advanced tools accessible to broader audiences.
Article Summary:
Aperture Finance, a DeFi platform, has secured a Series A funding round totaling $12 million, with a valuation of $250 million. The funding was led by venture capital firms such as Skyland Ventures, Blockchain Founders Fund, and Krypital Group, along with participation from notable investors.
Aperture Finance is known for its use of Intents, a novel approach that streamlines complex DeFi operations by allowing users to specify desired outcomes and simplifying interactions with DeFi protocols. This innovative system leverages Uniswap V3 and aims to bridge the gap between sophisticated financial strategies and everyday DeFi users.
The platform is live on 9 EVM-compatible chains, with a transaction volume exceeding $2.7 billion and over 280,000 unique users. With the goal of making DeFi more inclusive and effective, Aperture plans to expand its solver network and enhance user experience through the integration of LLM interface.
The funding will support the development of Aperture’s Intents infrastructure and further democratize access to complex financial instruments. After a successful airdrop campaign, Aperture Finance will launch its $APTR token on Bybit on May 31, 2024.
