Investments
1
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Latest xBacked News
Jan 17, 2023
MEDIA RELEASE 17 JANUARY 2023: Launching today, xBacked is set to raise the bar with its over-collateralized stablecoin, xUSD. Built on Algorand and backed by multiple decentralised crypto assets to withstand volatility, xBacked is on a mission to unlock capital and empower the digital economy. “We believe that in the future of finance, blockchain and […]
xBacked Investments
1 Investments
xBacked has made 1 investments. Their latest investment was in Folks Finance as part of their Seed VC on January 1, 2022.
xBacked Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/20/2022 | Seed VC | Folks Finance | $3M | Yes | 0x Ventures, Algorand Foundation, Borderless Capital, Calvin Liu, Coinbase Ventures, David Garcia, Eterna Capital, Gains Associates, Genesis Global Trading, Jump Crypto, Meld Ventures, MyAlgo, OKX Ventures, ParaFi Capital, Polymorphic Capital, Prismatic, StakerDAO, Tinyman, Valhalla Capital, Venue One, xBacked, Youbi Capital, and ZBS Capital | 5 |
Date | 1/20/2022 |
|---|---|
Round | Seed VC |
Company | Folks Finance |
Amount | $3M |
New? | Yes |
Co-Investors | 0x Ventures, Algorand Foundation, Borderless Capital, Calvin Liu, Coinbase Ventures, David Garcia, Eterna Capital, Gains Associates, Genesis Global Trading, Jump Crypto, Meld Ventures, MyAlgo, OKX Ventures, ParaFi Capital, Polymorphic Capital, Prismatic, StakerDAO, Tinyman, Valhalla Capital, Venue One, xBacked, Youbi Capital, and ZBS Capital |
Sources | 5 |
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