Open-Source DeFi Data Platform DIA Raises $15M Through Token Sale


Zug-essentially based entirely mostly decentralized finance (DeFi) records aggregator DIA announced on Friday it has raised $15 million thru the sale of its governance token.

  • In a press assertion emailed to CoinDesk, the Swiss agency talked about this used to be the first round of its token sale. After a non-public sale that lasted three days, 30 million dia tokens, representing 15% of the total dia token provide, were additionally equipped for sale.
  • Per the agency’s assertion, DIA’s token has been listed on three exchanges: OKEx, Kucoin and BitMax.
  • Marketed as an start-provide records aggregator for DeFi markets, DIA’s assertion talked about the funds would be frail to extra create the agency’s platform and uncover closer to its ambition of constructing an “start-provide Bloomberg for DeFi.”
  • DIA exists roughly in the an identical location as DeFi oracles admire Chainlink and Band Protocol.
  • “With the unique explosion of the DeFi location, the scrutiny of its underlying records infrastructure has intensified,” Outlier Ventures CEO and DIA investor Jamie Burke told CoinDesk. “The present options on the market are seeing stable adoption and delight in generous merchandise, alternatively, we predict that enabling and incentivizing the community to present options that are entirely clear and accessible will end result in an optimal .”


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