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BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche

NEWARK, N.J., April 14, 2021 (GLOBE NEWSWIRE) -- BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include Mechanism Capital, Dragonfly Capital, Arrington XRP Capital and The Spartan Group. Other backers were Morningstar Ventures, Vendetta Capital, TRGC, Genesis Block, Woodstock and Rarestone alongside Ava Labs and leading liquidity provider Skynet Trading.
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Jenny Metaverse DAO Raises $7 Million For Unicly Launch

Jenny Metaverse has raised $7 million in a pool led by renowned venture capitalists Multicoin Capital, Ascensive Assets, Animoca Brands, and Metapurse (by Metakovan). Jenny is the first metaverse DAO and social token on Unicly. Uniquely is a SushiSwap based AMM that provides shared ownership of NFTs through ERC20 tokens. The funds raised by Jenny will support the DAO’s NFT collection on Unicly. The collection uses the uJENNY token and will launch officially on May 13th, at approximately 10 AM EST.
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BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche

NEWARK, N.J., April 14, 2021 (GLOBE NEWSWIRE) -- BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include Mechanism Capital, Dragonfly Capital, Arrington XRP Capital and The Spartan Group. Other backers were Morningstar Ventures, Vendetta Capital, TRGC, Genesis Block, Woodstock and Rarestone alongside Ava Labs and leading liquidity provider Skynet Trading.
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Jenny Metaverse DAO Raises $7 Million For Unicly Launch

Jenny Metaverse has raised $7 million in a pool led by renowned venture capitalists Multicoin Capital, Ascensive Assets, Animoca Brands, and Metapurse (by Metakovan). Jenny is the first metaverse DAO and social token on Unicly. Uniquely is a SushiSwap based AMM that provides shared ownership of NFTs through ERC20 tokens. The funds raised by Jenny will support the DAO’s NFT collection on Unicly. The collection uses the uJENNY token and will launch officially on May 13th, at approximately 10 AM EST.
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