On-chain order book development project Spark completed 1.50 million US dollars Pre-Seed round of financing, P2 Ventures and other investors participated
2024-05-15 22:06:23
Spark, a Fuel Network-based on-chain order book development project, announced the completion of a $1.50 million Pre-Seed round of financing, with participation from P2 Ventures, Curiosity Capital, Unicorn Ventures, and Fuel Network. The valuation information has not been disclosed yet. Spark can be regarded as a DeFi super application on the uel network, integrating a series of financial services such as perpetual contracts, order books, and lending functions. It also introduces a multi-collateralized full position margin system, supports diversified asset deposits and complex risk management settlement protocols, while leveraging order books and tools to facilitate non-custodial interactions.