Acala Token Funding Round - SAFT 2020-08-20 | VC DATALAB

Deal date

20 Aug 2020

KANDO id: 1726141

Financial Transaction:

SAFT

Acala Token

Currency

United States Dollar

Value in original currency

7,000,000

Value in USD

700,000

Lead investor

Investor		Country	Notes
	Pantera Capital Management LP Investment firm focused exclusively on ventures, tokens, and projects related to blockchain tech, digital currency, and crypto assets.	United States	Initial investment.

Round participants

Investor		Country	Notes
	1confirmation Management LLC Venture capital firm that supports exceptional founders fueling the decentralization of the web and society.	United States	Initial investment.
	Arrington XRP Capital Fund LP USD 100 million cryptocurrency hedge fund denominated in XRP, the digital currency developed by enterprise blockchain global payments company Ripple.	United States	Initial investment.
	CoinFund LLC Blockchain technology research company, advisory team, and private cryptoasset-focused investment vehicle.	United States	Initial investment.
	ParaFi Capital Alternative investment firm focused on blockchain and decentralized finance markets.		Initial investment.
	Spartan Capital Digital asset management firm.	Singapore	Initial investment.