The Earn Network, a community-driven marketplace for liquid investments, is happy to announce the successful completion of its seed funding round that raised $2.7 million from VCs and angel investors.
The round was led by Shima Capital with additional participation from DFG, Jsquare, LD Capital, Cronos Labs, GTS Ventures, Bixin Ventures, ViaBTC Capital, Mars DAO, and Mirana Ventures.
Notably, the new funding will be used to further develop new product categories on Earn Network’s marketplace. The Earn Network has already developed DeFi Staking and soon will be adding three more categories: Lending, Liquid Staking, and Native Restaking. In addition, the funding will also help the platform hire more professionals to join its team of experts, grow the community, and establish new relationships with more base layers and projects.
The Earn Network claims that existing centralized and traditional investment platforms are unable to harness the substantial value that arises from the DeFi ecosystem and its wider landscape. As a result, billions of dollars in potential investment opportunities and economic growth remain untapped, limiting the potential benefits for investors and hindering the overall development of the global economy.
The Earn Network solves this by providing a “no-code” solution, where any individual can leverage secure and audited templates to create their custom financial products, like staking or borrowing pools. No more hidden fees, middlemen, or tedious processes. A fully self-custodial, peer-to-peer platform allows both parties to freely transact. The user-friendly interface opens the door to any investor that is ready to explore new yield-bearing opportunities.
“Our goal is to onboard millions to generate billions in the greater DeFi economy. We’ve set an ambitious goal to create a leading financial marketplace that’s ready for tomorrow. We want to create a renowned and user-friendly investment platform that gives equal opportunities to every participant worldwide.” says Bartek Pozniak, CEO of the Earn Network.
“We at DFG are proud to be part of this seed round for Earn and to support its stellar team of DeFi builders,” says James Wo, Founder and CEO of DFG. “DeFi has incredible untapped potential to redefine how people invest and build wealth through the blockchain, and it’s important to nurture projects that are creating accessibility and communities in crypto sectors that are usually complex or difficult to grasp.”
