Ardana

About

Ardana is a decentralized stablecoin and DEX liquidity pool built on Cardano

London,England,United Kingdom
11 - 50
https://ardana.org

Highlights

Details

Last Funding Type: Funding Round
Last Funding Money Raised: $6.56M
Industries: Blockchain,Financial Services,FinTech
Founded date: Jan 2, 2021
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Ardana Labs, Inc

Ardana is an on-chain asset backed stablecoin protocol and decentralized exchange stable asset liquidity pool built on Cardano. The stablecoin is overcollateralized with on-chain Cardano native assets facilitating borrowing and the decentralized exchange allows for highly capital efficient trading between stablecoins and identical assets with low risk income from fees for liquidity providers.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$10.76M

Ardana has raised a total of $10.76M in funding over 2 rounds. Their latest funding was raised on Oct 28, 2021 from a Initial Coin Offering round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 28, 2021	Initial Coin Offering	$1.50M	—	—	—	Detail
Oct 15, 2021	Funding Round	$6.56M	17	Ascensive Assets	—	Detail
Aug 15, 2021	Seed	$2.70M	4	cFund Three Arrows Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

20

Ardana is funded by 20 investors. Ascensive Assets and Three Arrows Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Ascensive Assets	Yes	Funding Round
Three Arrows Capital	Yes	Seed
cFund	—	Funding Round
Double Peak Group	—	Funding Round
Extra Watts	—	Funding Round
Faculty Group	—	Funding Round
iAngels	—	Funding Round
Justin Sun	—	Funding Round
Kosmos Ventures	—	Funding Round
Mechanism Capital	—	Funding Round