PANews December 2 news, according to official news, 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 functions.
According to reports, SecondSwap provides an automated over-the-counter trading market for assets with low liquidity. It supports token diversification, risk management, and transparent trading through smart contracts, and is currently in testing on the Ethereum network, with plans for multi-chain expansion. SecondSwap's mainnet is set to launch in January 2025.