1inch Network, a leading decentralized exchange (DEX), has successfully secured $175 million in a Series B funding round aimed at enhancing its product offerings for institutional investors. This milestone underscores the growing interest in decentralized finance (DeFi) solutions among traditional and crypto-native investment firms.
Key Investors and Funding Details
The funding round attracted prominent investors such as:
- Alameda Research
- Gemini Frontier Fund
- Tribe Capital
- VanEck
Additional participants included Celsius, Fenbushi Capital, Jane Street, Nexo, and Amber Group, which led the round. Originally targeting $70 million, 1inch Network exceeded expectations by raising **$175 million**, reflecting strong confidence in its decentralized trading infrastructure.
Strengthening Decentralization and Governance
1inch emphasized that the funds will advance network decentralization, ensuring a democratic governance model where all community votes hold equal weight. This aligns with DeFi’s core principles of transparency and user empowerment.
Expanding DeFi for Institutional Adoption
Product Development and Institutional Gateway
Co-founder Sergej Kunz highlighted the network’s dual focus:
- Serving Existing DeFi Users: Continuously improving products like its aggregation protocol.
- Onboarding Institutions: Developing 1inch Pro, a dedicated platform for institutional investors seeking regulated DeFi access.
Kunz predicts institutional investments could inject $1 trillion+ into crypto within years, positioning 1inch as a bridge between traditional finance and DeFi.
Strategic Vision
Tiantian Kullander of Amber Group praised 1inch’s innovation:
"Their rapid product development makes them a cornerstone of the DeFi ecosystem. We’re thrilled to support their growth."
FAQs
Why did 1inch raise $175 million?
The funds will enhance decentralization, expand product offerings (including 1inch Pro), and attract institutional capital to DeFi.
Who invested in 1inch’s Series B round?
Major backers include Amber Group, VanEck, and Alameda Research, alongside crypto-native funds and traditional finance players.
How will institutions use 1inch Pro?
The platform will offer compliant, high-liquidity access to DeFi tools tailored for hedge funds, asset managers, and other large investors.
What’s next for 1inch Network?
Expect deeper integrations with traditional finance, improved governance, and institutional-grade services.
👉 Discover how 1inch is reshaping DeFi for institutions
👉 Explore institutional crypto opportunities
Note: Investments involve risk. Conduct independent research before participating.
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