The MEV execution platform Mevvy has completed a $2.8 million seed round financing, led by Multicoin Capital
ChainCatcher news, the MEV execution platform Mevvy announced the completion of a $2.8 million seed round financing, led by Multicoin Capital, with participation from Chapter One Ventures, Hypersphere, and several strategic angel investors. Among the investors are Ondo founder Nathan Allman, Pendle founder TN Lee, Ethena founder Guy Young, Axelar founder Georgios Vlachos, as well as Jeffrey Feng and Jay Jog from Sei Network.
Mevvy is dedicated to simplifying the technical complexities in blockchain transaction ordering and execution, making MEV (Maximum Extractable Value) more accessible for traders. Mevvy plans to use this round of financing for product development, chain expansion, and strategic partnerships with DeFi protocols.
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