Reservoir, a US-based crypto startup, raised $14m in Collection A funding.
The spherical was led by Union Sq. Ventures with participation from Coinbase Ventures, Variant, Archetype, and 1kx. At the side of the funding, Nick Grossman, a associate at Union Sq. Ventures, joined Reservoir’s board.
The corporate, which has raised a complete of $26m, intends to make use of the funds to proceed to broaden operations and its improvement efforts.
Led by co-founder and CEO Peter Watts, Reservoir has constructed an infrastructure and APIs to deliver environment friendly token markets to each chain, pockets, and app throughout numerous blockchain networks. Its product line consists of:
- Relay, an API for immediate bridging, swaps, and calls
- Swap, a DEX on customers’ chain, and
- NFT, an NFT market on customers’ chain
FinSMEs
07/02/2025
