Bancor completed a new round of funding on 2020-08-19.

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According to media reports, Bancor completed a new round of funding on 2020-08-19. the investors in this funding round include ParaFi Capital and others. Following this round, Bancor's total funding reached $153 M.
Bancor is a decentralized network of on-chain automated market makers (AMMs) providing instant, low-cost trading, as well as Single-Sided Staking and 100% Impermanent Loss Protection for any listed token. It was the first DEX to use an AMM to enable swaps between Ethereum-based tokens, and was designed to create permissionless token trading markets for the growing token economy.

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BNT Fundraising History
RoundAmountValuationTimeInvestor(s)
------2020-08-19ParaFi Capital
Key Milestones
  • 2017-06-13
    Bancor raised $ 153 M through ICO
  • 2017-06-12
    Bancor was live on mainnet
  • 2017-06
    $BNT was live for trading
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