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Enso Finance Raises $5m to Enable Composable Trading Strategies and Social Trading in DeFi

Place/Date: - April 13th, 2021 at 2:00 pm UTC · 3 min read Contact: Enso, Source: Enso Enso finance, a strategy-creation platform offering anyone to create composable and permissionless strategies, has completed its private fundraising round co-led by Polychain Capital and Dfinity Beacon Fund. Multicoin Capital, P2P Capital, Spartan Group, Zola Global, and The LAO participated in the round as well, alongside angel investors from AngelList, Dfinity, Synthetix, Status, Fantom, Nexus Mutual, Aave and Messari. These funds will be used to fund platform development, community expansion, and a successful mainnet launch in Q2 2021. Enso was created as a tool to simplify and create solutions to increase access to DeFi strategies and to enable frictionless trading. With over $50 billion locked in DeFi, the trading landscape has become highly fragmented, making it more complex to trade efficiently, hedge accordingly, or generate yield effectively.

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