Congratulations to the karpatkey team on securing a remarkable $7M funding round! We’re proud of your Gnosis roots and look forward to seeing more of your groundbreaking work for the ecosystem! Onwards and upwards! 💫
We’re excited to share that karpatkey has successfully closed a $7M seed round with the backing of over 40 investors, including industry leaders like Joseph Lubin (ConsenSys) and Stani Kulechov (Aave), alongside institutional supporters such as AppWorks and Wintermute Ventures. Founded in 2020 to manage the Gnosis treasury, karpatkey now delivers a range of complex financial solutions to many of the most successful organisations in crypto, including Aave, Balancer, CoW, ENS, Lido, and Safe. As an active manager of treasury assets, karpatkey is heavily involved in protocol governance, working on various strategic initiatives with partners. The karpatkey treasury network has grown to over 1.8 billion USD in assets and its risk management infrastructure has been used to execute over 10,000 onchain transactions for partners without incident. Marcelo Ruiz de Olano, co-founder of karpatkey, noted, “We are thrilled to see such overwhelming support from our investors, including many of our existing partners. Their trust in karpatkey’s vision reflects the quality of our solutions and our focus on building long-term relationships with the DAOs we serve.” karpatkey will also expand its solutions beyond DAOs, targeting traditional financial institutions. Beginning with actively managed open-ended funds, karpatkey will offer institutional investors exposure to blue chip DeFi tokens and yield by leveraging its existing infrastructure at extremely competitive prices. Read more about our plans in the full blog post: https://bit.ly/3C4V88n
