Kibo Finance, a DeFi options trading platform, has completed a $1.5 million seed round of financing. The round was led by Republic, Huobi, Gate.io, Fenbushi, AU21, Genblock, Kenetic, MGNR, GSR, DFG, Bitcoin.com, David Garcia, Polygon co-founder Sandeep Nailwal, and Injective Protocol co-founder Mirza Uddin.
Kibo Finance is the first company to build Ethereum and Polygon as infrastructure, allowing users to trade options on a wide range of underlying assets, including Bitcoin, Ethereum, Dogecoin, BNB, gold, and stocks. The platform is fully integrated with the Farcaster protocol, so users with an existing Farcaster account can log in and post comments.
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