CRYTOASSET TRADING VOLUMES AND DECENTRALIZED FINANCE ARE RAPIDLY GROWING AS ADOPTION TICKS UP ACROSS RETAIL AND INSTITUTIONS.

While cryptoassets continue to gain adoption globally, leading to rising trading volumes and a growing need for sophisticated trading venues for professional investors, decentralized exchanges and decentralized exchange aggregators are rapidly gaining market share versus their centralized counterparts. In February 2021, the top 4 decentralized exchange aggregators alone generated over $12bn in volumes on the Ethereum network.

Paraswap is a middleware layer that introduces connectivity between various decentralized finance protocols, applications and exchanges. Paraswap’s flagship product is a decentralized exchange (DEX) aggregator that provides the best execution speed and prices to users by routing orders over multiple decentralized exchanges on the Ethereum blockchain, which it offers through its own platform (B2C) and through partner integrations leveraging its API, SDK and smart contract (B2B2C).

Led By

Sep Alavi Thomas Klocanas

Investment Date

March 2021

Sector

Enterprise

Business Model

Fee and Token Based

Headquarters

Paris, FR

Status

Current

Initial Investment

Seed Extension
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