DeFi aggregator Frontier raises $1.85 million in seed funding


Decentralized finance (DeFi) aggregator Frontier has raised $1.85 million in seed funding.

The round saw participation from several investors, including FTX, Alameda Research, NGC Ventures, CoinGecko, Exchange’s Danish Chaudhry and Matic Network’s Sandeep Nailwal, among others.

With the fresh capital in place, Frontier plans to bring more users in the DeFi space. The firm believes that the DeFi trend has just begun and will continue to grow bigger.

Frontier's platform is blockchain-agnostic and currently supports multiple DeFi protocols, including Uniswap, Aave, Compound and MakerDAO. The aggregator is set to add support for Polkadot and FTX’s upcoming decentralized exchange Serum. 

Frontier’s native token FRONT will also get listed on Solana-based Serum. The firm said it is also exploring FRONT liquidity additions into Uniswap, Mooniswap, Balancer, and upcoming protocol UniLend Finance.

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May 5, 2022, 3:17PM UTC