According to PANews, Pichi Finance has announced the completion of a $2.5 million seed funding round. The investment was led by Signum Capital, UOB Venture Management, and Mantle Network, with participation from DWF Ventures, Wise3 Ventures, and Genesis Block Ventures. This funding will enable Pichi Finance to target new points programs for trading from day one, create vaults for collective earnings and points, and expand to other EVM chains.
Pichi Finance is described as a trustless points trading protocol that has introduced an ERC-6551 account solution. This solution aims to provide price discovery services for tokens before and after their Token Generation Event (TGE).
