DeFi Asset Management Provider Range Protocol Raises $3.75M in Seed Funding

Singapore-based DeFi asset management platform, Range Protocol, has successfully secured $3.75 million in seed funding led by HashKey Capital and Nomad Capital, along with notable participation from other venture firms. The funding injection will be used to further develop the on-chain asset management platform, scale the team, and expand the community. Range Protocol's platform offers on-chain trading infrastructure, empowering DeFi users with access to professional automated trading strategies to maximize yield, covering areas such as liquidity provision, derivatives, NFT Finance, and liquid staking derivatives. This funding paves the way for strategic partnerships and the launch of new verticals within the DeFi ecosystem.