BlockBeats News, on December 2nd, 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 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 Ethereum's test network and plans for multi-chain expansion. SecondSwap's mainnet will launch in January 2025.
