Alan Howard Backs DeFi Platform Nested in $7.5M Round
Main page News, DeFi
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3 March

The team of DeFi social trading platform Nested has completed a Series A funding round led by Brevan Howard of billionaire Alan Howard.

Participants in the funding round include CMT Digital, Kenetic Capital, Republic Capital and others.

According to the company, the funds will be used to expand the number of supported blockchains as well as the platform's functionalities.

Nested allows users to showcase NFTs investment portfolios on social networks or send them as gifts or rewards.

The platform is compatible with Avalanche, BNB Chain or Polygon and receives revenue for each NFT created.

Once the token is minted, the smart contract adds new transactions in real time. This eliminates the need to issue a new NFT to reflect subsequent trades. Decentralized exchange 0x is responsible for providing the liquidity of the wallet.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

When users create an account, they can copy an existing NFT in the market, replicate their current transactions or start from scratch.

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