Round | Amount | Valuation | Date | Investors |
---|---|---|---|---|
-- | $1M | -- | Apr 20, 2020 | |
IEO | $3M | -- | Oct 24, 2019 | |
-- | $2M | -- | Mar 01, 2019 |
Kava is a decentralized finance (DeFi) platform that offers a suite of financial services, including loans, stablecoins, and interest-bearing accounts, all on the blockchain. Built on the Cosmos network, Kava seeks to provide users with the benefits of cross-chain assets, allowing for a broader range of collateral than most traditional Ethereum-based DeFi platforms. The native cryptocurrency of the Kava platform is the KAVA token, which is used for governance, staking, and various other functions within the ecosystem.
The Kava project began with the vision of bringing together the fragmented world of cryptocurrencies, allowing assets from various blockchains to be used in a unified DeFi ecosystem. By leveraging the interoperability features of the Cosmos network, Kava has positioned itself as a hub for cross-chain financial applications.
Kava Launches $185M Fund to Onboard New Projects in September 22,2021.
Currently,Stargate Deploys to Kava Chain Unifying Cosmos-Ethereum Liquidity Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native USDt issued exclusively on the Kava Chain, to the Ethereum ecosystem and beyond.
Above are only for introduction, not intended as investment advice.