According to BlockBeats, on February 8, The Block reported that Ethereum network DEX aggregation platform Flood completed a $5.2 million seed round of financing. This round of financing was jointly led by Bain Capital Crypto and Archetype, and Robot Ventures and others participated. Francesco, co-founder and CEO of Flood, said that the round of financing ended in the summer of 2023 and was structured as equity financing with token warrants, but declined to comment on the valuation.