ChainCatcher news, according to official sources, the liquidity solution SecondSwap announced the completion of a $1.2 million seed round financing, with participation from GSR, Animoca Ventures, E4 Capital, Yellow Capital, BCW Group, HGEN DAO, ARC Community, Nonco, and Libra Capital. The funds will mainly be used to expand SecondSwap's market capabilities.
According to reports, SecondSwap provides an automated over-the-counter trading market for illiquid assets. It supports token diversification, risk management, and transparent trading through smart contracts. It is currently testing on the Ethereum network and plans for multi-chain expansion. The SecondSwap mainnet is set to launch in January 2025.