Categories:
Stablecoin Protocol
DeFi
Ecosystem:
Algorand
Founded:
2021
xBacked is a decentralized stablecoin protocol that allows anyone with ALGO to mint xUSD, which is over-collateralized by assets such as Algo, BTC, and ETH.
xBacked Fundraising
Fundraising Event
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| Seed | $2M | -- | Jan 07, 2022 |
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