{"id":42293,"date":"2021-05-11T20:18:50","date_gmt":"2021-05-11T17:18:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42293"},"modified":"2025-08-30T22:35:13","modified_gmt":"2025-08-30T19:35:13","slug":"niifi-ethereum-based-dex-raises-3m-in-seed-round-led-by-darma-capital","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/niifi-ethereum-based-dex-raises-3m-in-seed-round-led-by-darma-capital\/","title":{"rendered":"NiiFi, Ethereum-based DEX, raises $3m in seed round led by DARMA Capital"},"content":{"rendered":"<p>The decentralized exchange NiiFi, built on the Ethereum Layer 2 solution Nahmii 2.0, has raised $3 million. The seed round was led by DARMA Capital, a fund launched by former ConsenSys employees.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\ude4c\ud83d\udca5We couldn\u2019t be more grateful for the army of support from our awesome investors, our (well-oversubscribed) $3M seed round was led by <a href=\"https:\/\/twitter.com\/DARMACapital?ref_src=twsrc%5Etfw\">@DARMACapital<\/a> <a href=\"https:\/\/twitter.com\/AndrewDARMACAP?ref_src=twsrc%5Etfw\">@AndrewDARMACAP<\/a> with participation from <a href=\"https:\/\/twitter.com\/A195Capital?ref_src=twsrc%5Etfw\">@a195capital<\/a> <a href=\"https:\/\/twitter.com\/AU21Capital?ref_src=twsrc%5Etfw\">@au21capital<\/a> (1\/2) <a href=\"https:\/\/t.co\/CDQ4EKh44a\">pic.twitter.com\/CDQ4EKh44a<\/a><\/p>\n<p>\u2014 NiiFi (@NiiFiDAO) <a href=\"https:\/\/twitter.com\/NiiFiDAO\/status\/1392110524264034309?ref_src=twsrc%5Etfw\">May 11, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round also saw participation from A195 Capital, AU21 Capital, Blocksync Ventures, Lotus Capital, Matterblock, Moonwhale Ventures, Protocol Ventures and Three M Capital.<\/p>\n<p>The features of NiiFi DEX will include instant <span data-descr=\"guarantee that transactions cannot be altered or annulled\" class=\"old_tooltip\">finalization<\/span> of settlements, appealing to institutional investors, and the integration of AML\/KYC procedures.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;We are betting on Nahmii 2.0. One of the key metrics in blockchain is finalization. Its instantaneous nature in the solution will enable countless commercial use cases&#8221;<\/em>, said Andrew Kis, founder of DARMA Capital.<\/p>\n<\/blockquote>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;We built the system from scratch. Its foundation rests on our own developments that could, in the future, receive patent protection&#8221;<\/em>, <a href=\"https:\/\/www.coindesk.com\/darma-capital-bets-3m-on-scalable-defi-exchange-with-settlement-finality\" target=\"_blank\" rel=\"noreferrer noopener\">stated<\/a> by the developers.<\/p>\n<\/blockquote>\n<p>In February 2021, the developers of the Ethereum Layer 2 solution Matic Network <a href=\"https:\/\/u1f987.com\/en\/news\/matic-network-rebrands-as-polygon\">conducted a rebranding<\/a>, changing the name to Polygon.<\/p>\n<p>In March, the Optimism project <a href=\"https:\/\/u1f987.com\/en\/news\/optimism-developers-delay-mainnet-launch\">pushed back the launch<\/a> of its mainnet, reportedly to July.<\/p>\n<p> Subscribe to ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>! <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decentralized exchange NiiFi, built on the Ethereum Layer 2 solution Nahmii 2.0, has raised $3 million. The seed round was led by DARMA Capital, a fund launched by former ConsenSys employees.<\/p>\n","protected":false},"author":1,"featured_media":42294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,46,1179,277],"class_list":["post-42293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-ethereum","tag-layer-2-solutions","tag-scaling"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=42293"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42293\/revisions"}],"predecessor-version":[{"id":42295,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42293\/revisions\/42295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/42294"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=42293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=42293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=42293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}