Profile
Corporate information
Official name
Kava Labs, Inc.
Registration country
Affiliated entities
Official name
Kava Labs, Inc.
Registration country
Affiliated entities
Investment activity status
Active investor
Company type
Cross-chain DeFi platform offering collateralized loans and stablecoins to users of major cryptoassets.Overview
Kava provides a cross-chain DeFi platform offering collateralized loans and stablecoins to users of major cryptoassets like BTC, XRP, BNB, ATOM, BUSD etc. The platform features two tokens: KAVA, a governance & staking token ; and USDX, an algorithmically maintained stablecoin backed by cryptoasset collateral.
Funding
Funding rounds
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Arrington XRP Capital Fund LP | USD 100 million cryptocurrency hedge fund denominated in XRP, the digital currency developed by enterprise blockchain global payments company Ripple. | United States | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
TRGC Digital Asset Fund | Netherlands | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Lemniscap | Investment firm specialising in investments in emerging cryptoassets & blockchain startups. | Hong Kong SAR China | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Arrington XRP Capital Fund LP USD 100 million cryptocurrency hedge fund denominated in XRP, the digital currency developed by enterprise blockchain global payments company Ripple. |
+1 (310) 871-4351 |
N/A |
|
|
Lemniscap Investment firm specialising in investments in emerging cryptoassets & blockchain startups. |
N/A | |
|
|
TRGC Digital Asset Fund |
N/A |