According to Deep Tide TechFlow news, on December 2, it was officially announced that the liquidity solution SecondSwap has completed a $1.2 million seed round of financing, with participation from GSR, Animoca Ventures, E4 Capital, Yellow Capital, BCW Group, HGEN DAO, ARC Community, Nonco, and Libra Capital. The funds will primarily be used to expand the market capabilities of SecondSwap.
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. It is currently testing on the Ethereum network and plans to expand to multiple chains. The mainnet of SecondSwap is set to launch in January 2025.