PANews reported on November 19 that according to The Block, the decentralized financial liquidity solution system Barter announced the completion of a US$3 million seed round of financing, led by Maven 11, with participation from Lattice, Anagram, Heartcore, DCG and Daedalus Angels.
According to reports, Barter was founded in 2023 and is mainly engaged in on-chain transaction matching and settlement. The company intends to use the funds to expand the team, speed up research and continue to develop AppChain, the company's DeFi tool that connects liquidity and order flow. The company said that Barter currently facilitates up to $20 million in transactions per day on many Ethereum Virtual Machine (EVM) compatible blockchains.
