Acala Token | VCINVEST DATA

Investment and technology themes

decentralised finance (DeFi)

VCID: 6797252

Main

Founders

Also known as

ACA

Affiliations

Acala Foundation

Digital asset type

Cross-chain DeFi Hub for Polkadot, Kusama and beyond.

Blockchains

Blockchain

Overview

The DeFi hub for Polkadot, enabling trustless exchange, stablecoin mining, and liquidity staking.

White paper

Acala Token Economy Paper

Funding

Funding rounds

SAFT USD 7,000,000

USD 700,000 (20 Aug 2020)

Investor		Profile	Country	Notes
	Pantera Capital Management LP	Investment firm focused exclusively on ventures, tokens, and projects related to blockchain tech, digital currency, and crypto assets.	United States	Initial investment. Led the round.
	1confirmation Management LLC	Venture capital firm that supports exceptional founders fueling the decentralization of the web and society.	United States	Initial investment. Round participant.
	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.
	CoinFund LLC	Blockchain technology research company, advisory team, and private cryptoasset-focused investment vehicle.	United States	Initial investment. Round participant.
	ParaFi Capital	Alternative investment firm focused on blockchain and decentralized finance markets.		Initial investment. Round participant.
	Spartan Capital	Digital asset management firm.	Singapore	Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	CMS Holdings LLC	Principal investment firm focused on making investments across the cryptoasset ecosystem.	United States	Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	Polychain Capital LLC	Hedge fund investing in cryptocurrencies.	United States	Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	Kraken Ventures		United States	Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	KR1 PLC	Crypto token investment company supporting early stage decentralised and open source blockchain projects.	Isle of Man	Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	Divergence Ventures	Crypto venture fund.	United States	Initial investment. Round participant.