NiiFi, based on the second level Ethereum solution Nahmii 2.0, raised $ 3 million. The seed round of financing was led by the DARMA Capital fund launched by ex-ConsenSys employees.
The round was also attended by A195 Capital, AU21 Capital, Blocksync Ventures, Lotus Capital, Matterblock, Moonwhale Ventures, Protocol Ventures, and Three M Capital.
The features of NiiFi DEX will be instant finalization of settlements and the integration of AML / KYC procedures, attractive for institutional investors.
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“We are betting on Nahmii 2.0. Finalization is one of the key metrics in the blockchain. Its instant nature in a solution will create countless commercial use cases, ”explained Andrew Keys, founder of DARMA Capital.
“We built the system from scratch. It is based on its developments, which in the future may be protected by a patent, "- said the developers.