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Key people at Benqi Finance.
Benqi Finance was founded in 2021 by Dan Mgbor (Co-founder and CEO).
BENQI Finance is a decentralized finance (DeFi) protocol on the Avalanche network, serving as a comprehensive hub. It provides liquid staking for AVAX, allowing users to earn yield while maintaining liquidity. The platform also offers lending and borrowing markets, plus tools for validator bootstrapping and delegated node voting, enhancing Avalanche ecosystem utility.
Founding details, including founder names, are not publicly specified. However, BENQI Finance emerged to meet demand for integrated DeFi solutions within the Avalanche blockchain. The core insight recognized the need for a robust, accessible platform to efficiently and securely leverage digital assets in the ecosystem.
BENQI primarily serves cryptocurrency holders and DeFi participants on Avalanche, enabling them to maximize asset utility through staking, lending, and network involvement. It also caters to those contributing to network security via validator operations. Its vision is to become the leading DeFi hub on Avalanche, delivering a secure, seamless financial experience.
Key people at Benqi Finance.
Benqi Finance was founded in 2021 by Dan Mgbor (Co-founder and CEO).
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 1, 2023 | Movement Labs | $3.0M Seed | Borderless Capital, Blizzard, George Lambeth, Varys Capital | Collider Ventures, Divergence Ventures, Hack VC, Polygon, Team8, Tomahawk.VC, Alex Pack, Balaji Srinivasan, Nimrod Lehavi, Anurag Arjun, Calvin Liu, CoinFlipCanada, Smokey The Bera, Colony, Elixir Capital, Interop Ventures |
