Corporate information
Official name
Kava Labs, Inc.
Registration country
Affiliated coins
Company type
Cross-chain DeFi platform offering collateralized loans and stablecoins to users of major cryptoassets.Overview
Kava provides a cross-chain DeFi platform offering collateralized loans and stablecoins to users of major cryptoassets like BTC, XRP, BNB, ATOM, BUSD etc. The platform features two tokens: KAVA, a governance & staking token ; and USDX, an algorithmically maintained stablecoin backed by cryptoasset collateral.
Funding rounds
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
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. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Lemniscap | Investment firm specialising in investments in emerging cryptoassets & blockchain startups. | Initial investment. |
Investment activity status
Active investor