Tonic

About

Tonic is a building a decentralized protocol for trading of any asset on NEAR and Aurora.

Miami,Florida,United States
https://tonic.foundation/

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $5M
Industries: Blockchain,Cryptocurrency
Founded date: Jan 1, 2022
Operating Status: Active

Tonic is building a permissionless decentralized protocol for fast and seamless trading of any asset on NEAR and Aurora. The platform will enable developers building on NEAR’s Layer 1 solution to integrate trading functionality into their applications.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

1

$5M

Tonic has raised a total of $5M in funding over 2 rounds. Their latest funding was raised on Apr 26, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 26, 2022	Seed	$5M	11	Electric Capital MOVE Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

11

Tonic is funded by 11 investors. Electric Capital and MOVE Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Electric Capital	Yes	Seed
MOVE Capital	Yes	Seed
Bixin Ventures	—	Seed
Cumberland	—	Seed
dao5	—	Seed
Flow Traders	—	Seed
Framework Ventures	—	Seed
GSR	—	Seed
Jane Street Capital	—	Seed
NetZero Capital	—	Seed