Cyan Receives $2m in Seed Round Investment

Jun 24,2022
KingData News : Cyan announced today it has raised $2M in a seed round of funding. Investors : The investment was led by gumi Cryptos Capital (gCC) and Animoca Brands, with participation from OpenSea, Fabric Ventures, Bastion Tradingm, as well as angel investors from The Sandbox and YGG. Project Info : Cyan, the Buy Now, Pay Later service for the metaverse, is the first protocol to provide financing options for purchasing NFTs. The protocol also provides re-collateralized loans on NFTs and Vaults for capital providers to earn a yield on financing these assets. Cyan announced in March 2022 that it closed a $100,000 pre-seed round lead by Animoca Brands.
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