xBacked
Fundraising
xBacked
Decentralized Stablecoin protocol For Algorand
xbacked
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xBacked Info
Categories:
Stablecoin Protocol, DeFi
Ecosystem:
Algorand
Founded:
2021
xBacked is a decentralized stablecoin protocol that allows anyone with ALGO to mint xUSD, which is over-collateralized by assets such as Algo, BTC, and ETH.
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xBacked Fundraising Event
Seed
Amount
$2M
Valuation
--
Date
Jan 07, 2022
Investors
Borderless Capital*
Meld Ventures
Delphi Digital
Cluster Capital
Arrington Capital
0xVentures
Mechanism Capital
Ellipti Ventures
xBacked Investor
Borderless Capital
Arrington Capital
Delphi Digital
Mechanism Capital
Cluster Capital
0xVentures
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Fundraising News
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