Synthetify synthetic asset protocol announced list of investor | NFT News

Synthetify synthetic asset protocol announced list of investors

Solana blockchain-based synthetic asset protocol Synthetify has announced a list of investors, including Solana Foundation, Alameda Research, CMS, DeFi Alliance, BuidlHodl Capital, Divergence Ventures and ei ventures. The amount of funding and its uses have not been disclosed.

"We are pleased to announce some of our investors. We are happy that such a company has come our way to help us develop a better platform for synthetic assets!", the developers write.

The developers position Synthetify (SNY) as "the new protocol for managing your synthetic assets." The Synthetify platform allows you to create, exchange and burn synthetic assets based on prices provided by a decentralized oracle system.