Polychain Capital, a blockchain investment firm that supports projects in various development stages, continues to add decentralized finance (DeFi) projects to its growing crypto portfolio. Here are the altcoin projects Polychain Capital invested, according to the latest data …

 

 

Here are the altcoin projects Polychain Capital invested, according to the latest data

Polychain has invested in Series A and Series B funding rounds for the decentralized margin trading platform dYdX. The platform raised $ 10 million on its Series B tour, according to Coindesk. Last month popular crypto analyst and trader Tyler Swope predicted that dYdX could potentially launch its own token and conduct an airdrop.

 

Successful Trader: This Altcoin is Fastest Horse Next! Will See These Levels

Polychain also invested in KeeperDAO’s (ROOK) last seed fund tour. KeeperDAO is an on-chain liquidity insurer that helps miners earn more profit from the confirmation of transactions. According to Messari, in addition to dYdX and KeeperDAO, the crypto startup firm has invested in many altcoin projects. Here are the altcoins Polychain Capital has invested in:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Polkadot (DOT)
  • Tezos (XTZ)
  • Cosmos (ATOM)
  • Maker (MKR)
  • Compound (COMP)
  • Filecoin (FIL)
  • yearn.finance (YFI)
  • Avalanche (AVAX)
  • Zilliqa (ZIL)
  • 0x (ZRX)
  • Celo (CELO)
  • Nervos Network (CKB)
  • Orchid (OXT)
See Also
Bloomberg Terminal Takes Action To List These Altcoins!

Sherwin Dowlat discloses Polychain Capital’s investment strategies
In a recent interview, Polychain Capital portfolio manager Sherwin Dowlat explained the firm’s investment strategies. Sherwin Dowlat said on the subject:

INVESTING AND SUPPORTING THE CRYPTO ECOSYSTEM AS AN INTEGRATED APPROACH I WAS CLASSIFIED. NOT ONLY OUR LIQUID HEDGE FUND HOLDING CRYPTO COINS, THERE ARE MUCH MORE. THIS IS A HIGHLY COMPLETE SUMMARY OF INVESTING THE ENTIRE LIFE CYCLE OF CRYPTOCURES AND NETWORKS. WE HAVE EVERYTHING WITH A SUPER, SUPER EARLY CREATION. WE ONLY HELP COMPANIES THAT ARE FOUNDING AND IDEA. LIKE A ENTERPRISE THAT IS LIKE A KIND OF SEED AND MAY HELP PROCESSIONAL INVESTMENTS, THE LIQUID CURRENCY TRADED IN THE MARKETS UNTIL THE TIME THEY ARE. AND THEN WE HAVE A HIGHLY ACTIVE SHARE. WE ACTUALLY SUPPORT NETWORKS, STAKING WHEN IT IS LAUNCHED. TEZOS, COSMOS, POLKADOT, SUCH NETWORKS SUPPORT THEM IN A VERY NATURAL WAY.

How does Polychain decide to invest in liquid assets?

As for how Polychain decided to invest in liquid assets, Sherwin Dowlat says they are looking for unique and low-value projects that solve important problems. Sherwin Dowlat said on the subject:

WHEN WE INVEST IN ASSETS, WE KEEP IT IN HAND FOR AN EXTREMELY LONG TIMEā€¦ ADDING THESE TO THE LIQUID PORTFOLIO, CHATING HOW TO WEIGHING OR WHAT IT HAPPENS WHAT IT REALLY CONSIDER …

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