Struct Finance Secures USD 3.9 Million to Enable Structured Products on DeFi

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Tortola, BVI, 21st March, 2022, Chainwire

DeFi protocol Struct Finance announced the closure of a USD 3.9 million seed round to develop the tools that will allow the ecosystem to customize, compose, and invest in decentralized structured products.

A total of twenty-four top name companies have taken part in the funding round for Struct Finance, as follows: Blizzard Fund (Avalanche’s 200 Million fund), Antler, Arcanum Capital, Assymetries Technologies, Avalaunch, AVentures Dao, Bison Fund, Bixin Ventures, Double Peak, FBG Capital, Finality Capital Partners, Infinity Ventures Crypto, Keychain Capital, Lancer Capital, Lucidblue, MC Ventures, QCP Capital, SCC Investments, Skyvision Capital, Spark Digital, Wintermute, Woodstock, Zokyo, and 0xVentures.

Struct Finance will use this fresh injection of capital to build out the tools for institutions to easily customize their interest rate products and compose them with options to construct structured products that are better suited to the profiles of different investors.

Structured products utilize a permutation of different interest rate products, options, and other financial instruments to construct investments that can be adapted to different risk profiles, market expectations, and asset classes. With the emergence of derivatives in the crypto markets, structured products are a natural evolution for the space. These sophisticated products have been growing in popularity (over USD 7 trillion in TradFi), and have recently started gaining traction in DeFi, predominantly in the form of covered calls and cash-margined puts.

Today, many of the parameters available on different derivative instruments are