Slope Finance Completed an $8m Series A Funding Led by Solana Venture
press release

Slope Finance Completed an $8m Series A Funding Led by Solana Venture

THELOGICALINDIAN - The cease of the Series A annular confirms the accelerated advance of Slope back its barrage in September 2024

Slope Finance announces the abutting of an $8m Series A allotment co-lead by Solana Venture and Jump Capital.

Prominent VCs and above Exchanges accommodate Sequoia China, Genesis Trading, CMS, Spark Digital, Spartan Group, Fenbushi Capital, Mirana Ventures (Venture Partner of Bybit), Circle Venture, Wave GP, Huobi, OKEX Blockdream Ventures, Gate, and some added analytical entities are participating. This accession brings some of the industry’s highest-profile investors calm as Slope Wallet apparatus up for a above advance to added popularize DeFi and NFT on the Solana ecosystem.

Slope Wallet has Reached 1 Million Downloads and 850 Thousand Monthly Active Users

The cease of the Series A annular confirms the accelerated advance of Slope back its barrage in Sept. 2024 and fuels added ascent of the business activity forward. In accession to the Series A announcement, Slope Finance is announcement a above artefact milestone. As of Jan. 2022, Slope Wallet has accomplished 1 actor downloads and 850 thousand account alive users beyond all platforms with its user-friendly, non-custodial mobile-first account offering.

Matthew Beck, Partner at Solana Ventures, said:

“Since its admission in the Solana Season Hackathon, Slope has accomplished absorbing advance beyond both accustomed and arising markets. We are aflame to abutment Slope’s mission to accommodate a seamless, cross-platform acquaintance for users to appoint with Solana’s DeFi, NFT and gaming ecosystems.”

Saurabh Sharma, Partner at Jump Crypto, said:

“Slope is architecture the adaptable aperture for Solana ecosystem that offers a absolute mobile-first acquaintance to all DeFi and NFT primitives. We are aflame to abutment Slope in their appetite to onboard millions of boilerplate crypto users. Slope will abide to accommodate the best adaptable wallet user adventures to the Solana user base.”

Slope will abide to accommodate the best adaptable wallet user adventures to the Solana user base. According to the architect of Slope, Leal Cheung, crypto applications should aim to accommodated and beat the UI/UX standards users accept become acclimatized to in accustomed web2 applications. This will be a above disciplinarian to lower access barriers for newcomers and abound the association as a whole.

In 2022, Slope will admission its efforts appear the eyes of acceptable The Gateway to Web3 by exploring new anatomic verticals in GameFi, SocialFi, and E-Commerce on top of the Slope Wallet foundation. Slope’s success is congenital on the Solana ecosystem and the aggregation will abide to abutment the advance it through accessible admission to Slope Wallet’s affection sets, a ample arrangement of partnerships, and abutment & sponsorships for early-stage projects.

Over the amount of the abutting few weeks, the Slope aggregation is accepted to lay out added capacity on advancing projects, partnerships, and artefact developments; including an advertisement on an agitative new adaptable product.

Slope Wallet is the aboriginal cross-platform wallet congenital for Solana and is accessible in the App Store, Google Play, and Chrome extension. It provides users with a complete user experience, including Solana Pay, DeFi engagement, visualized NFT management, IDO aggregator, and badge SWAP.

Slope is absolute by Slope DAO (decentralized free organization) and all association associates who authority Slope tokens can participate in the project’s governance.