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AirSwap Founder and Ex-THORChain Engineer Launch Harbor with $4.2M Funding

According to AirSwap founder Michael Oved, DeFi liquidity platform Harbor raised $4.2 million in seed funding led by Susquehanna Crypto and Triton Capital, with participation from several notable crypto investment firms.

RUNE

Summary

AirSwap founder Michael Oved announced via X that Harbor, a cross-chain DeFi liquidity layer, secured $4.2 million in seed funding during spring and summer. The round was led by Susquehanna Crypto and Triton Capital, with additional investments from Selini, Auros, Hermeneutic, and Kronos Research. The funding underscores strong institutional interest in enhancing blockchain liquidity solutions.

Terms & Concepts
  • Cross-chain: A blockchain technology enabling interoperability and transactions between different blockchain networks.
  • DeFi (Decentralized Finance): A financial system built on blockchain networks that operates without traditional intermediaries like banks.
  • Liquidity Platform: A system that facilitates the buying and selling of assets by providing access to sufficient market liquidity.