Kaszek, Leading Latin American Venture Firm, Makes First DeFi Investment
defi

Kaszek, Leading Latin American Venture Firm, Makes First DeFi Investment

THELOGICALINDIAN - Latin American adventure close Kaszek has afresh biconcave its anxiety into the DeFi amplitude Kaszek founded in 2024 by Hernan Kazah and Nicolas Szekasy is a adventure basic close that invests in highimpact technologybased companies The close is industry and stageagnostic mainly advance in Seed Series A and Series B

In accession to capital, it provides contiguous ability and insights in strategy, operational execution, team-building, growth, technology, product, networking, fundraising, and more, according to this Crunchbase aggregation profile. This arch adventure close has a bounded attendance in assorted cities beyond Latin America and has its address in São Paulo.

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Exactly Enters DeFi Space

Founded in June 2021 by Gabriel Gruber and Lucas Lain, Exactly is a new company. “Exactly is architecture an open-source, non-custodial agreement on Ethereum that will accompany fixed-income solutions for lenders and borrowers. While the concise focus is to accompany anchored assets solutions to DeFi, the team’s abiding eyes is to affix DeFi to the bequest banking world” according to the company’s website. “By abutting the all-around acclaim bazaar to DeFi, acceptable players could account from a aqueous and cellophane ecosystem which would account consumers, companies, and investors at a all-around scale.”

Kaszek’s $3 Million Investment in Exactly

Kaszek afresh fabricated its aboriginal decentralized accounts (DeFi) investment, arch a $3 actor annular in Exactly. Co-founder and Managing Partner of Kaszek, Hernán Kazah, said: “We see a gigantic arising befalling in DeFi, which will change the banking mural in doubtful means in the years to come.

We feel actual advantageous for actuality able to accomplice with such a abundant aggregation that has already apparent accomplished beheading and eyes in antecedent ventures, and in what we accept could be a transformational venture”. He additionally added that the advance is allotment of their afresh aloft funds accretion $1 billion.

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This is the adventure firm’s additional advance in the crypto ecosystem. In December 2024, the close co-led with QED a $62 actor Series B annular in Mexican barter Bitso and abutting a $250 actor C annular in Bitso in May.

Gabriel Gruber, the CEO of Exactly, additionally explained according to the company’s blog post, “This allotment annular will advice us abide to body a world-class team. Today we are focused on creating a new blazon of anchored assets agreement with the abutment of outstanding DeFi & VC investors and the all-embracing Ethereum community. The abutting claiming would be alike added demanding, as we appetite to affix DeFi with the bequest banking system. To succeed, we charge to accompany anchored ante and a superb acquaintance to the Alices and Bobs of the world. Currently, we can add amount to a few hundred thousand of DeFi users but the apple has 8 billion bodies to serve, and we’re acquisitive to accouterment this massive opportunity.”

Total DeFi bazaar cap from TradingView.com

Other investors that abutting the annular that was led by Kaszek accommodate 6th Man Ventures, Baires DAO, 11–11 DG partners, Newtopia VC, NXTP Ventures, and Sur Ventures. Angel investors such as Esteban Ordano (Decentraland), JP Thieriot (Uphold), Ariel Barmat (The Graph), Matias Woloski (Auth0), and Marcos Galperin (MercadoLibre) additionally abutting the round.