Orderly Network Receives Strategic Investment From Nomura’s Subsidiary
Orderly Network, a permissionless, decentralized trading platform based on the NEAR blockchain, has concluded funding from Laser Digital, a crypto division of Nomura, a worldwide financial services organization.
Orderly Network announced the cash investment in addition to the $20 million seed round raised in June from multiple investors, including Sequoia China, Pantera Capital, Dragonfly, and Jump Crypto.
Olivier Dang, Head of Ventures at Laser Digital stated:
“Laser Digital Ventures is investing in the most innovative businesses in the digital asset ecosystem. Orderly is one of our first investments given its unique position of having access to deep liquidity and an order book matching engine that can accommodate high throughput and rate limits.”
The Orderly Network protocol is a decentralized trade infrastructure protocol that enables projects to develop DeFi apps. The Near Foundation and Woo Network seeded it.
On October 11, Orderly Network launched its mainnet on the NEAR blockchain. The planned launch connected the decentralized exchange WOOFi DEX to Orderly’s order book infrastructure, providing professional traders with access to deep liquidity. This allows traders to execute orders directly using smart contracts while maintaining desired order size and pricing flexibility.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Author
News
Orderly Network Receives Strategic Investment From Nomura’s Subsidiary
Orderly Network, a permissionless, decentralized trading platform based on the NEAR blockchain, has concluded funding from Laser Digital, a crypto division of Nomura, a worldwide financial services organization.
Orderly Network announced the cash investment in addition to the $20 million seed round raised in June from multiple investors, including Sequoia China, Pantera Capital, Dragonfly, and Jump Crypto.
Olivier Dang, Head of Ventures at Laser Digital stated:
“Laser Digital Ventures is investing in the most innovative businesses in the digital asset ecosystem. Orderly is one of our first investments given its unique position of having access to deep liquidity and an order book matching engine that can accommodate high throughput and rate limits.”
The Orderly Network protocol is a decentralized trade infrastructure protocol that enables projects to develop DeFi apps. The Near Foundation and Woo Network seeded it.
On October 11, Orderly Network launched its mainnet on the NEAR blockchain. The planned launch connected the decentralized exchange WOOFi DEX to Orderly’s order book infrastructure, providing professional traders with access to deep liquidity. This allows traders to execute orders directly using smart contracts while maintaining desired order size and pricing flexibility.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Other Posts
Related Posts
News
$5.3 Billion Terraform Labs Fraud Fine Opposed by The Firm For Being Too Heavy
Knowledge
US Election Predictions: The Effects And Importance Of The New US President
News
