EXA Finance raises $2 Million in Seed Funding

Introduction

EXA Finance is a Peer-to-Peer Multi-Asset Exchange built on Algorand by EXA Labs SAS, a French startup based in Paris. It is part of the 13 selected startups of the Draper Blockchain Accelerator backed by industry experts and mentors including, Tim Draper, Andrew Durgee (Head of Blockchain at Republic), experimental artist Addie Wagenknecht, and many more.

Investing in our Product

We worked relentlessly on the development side during the last months and released sneak pieces of the platform on the Algorand testnet. Getting feedback from the community and looking at where the market is heading provided us with enough insights to design what we think will be a game-changer in the crypto space. This fundraising will power us to continue developing new features and ensure that our product meets all the community’s expectations. We want to deliver a product at the forefront of innovation through in-house development or forming strategic partnerships.

Investing in our Team

Building great solutions takes time and requires a strong team. It’s been amazing when we look back on how far we came with a group of 3 people. Since August, we’ve been bootstrapping a lot as most startups should, but now it’s time to move up a gear. Therefore, we will hire talented people in multiple areas such as engineering, business, and marketing to speed up our development process.

2021 Highlights

What’s next?

  • Smart Contract Audit by Runtime Verification (started)
  • Implementation of innovative features
  • Private & Public Sales
  • Mainnet Launch
  • $EXA Token Airdrop & Listing

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EXA Market

EXA Market

The most advanced NFT marketplace on Algorand. Empowering the future collectors today!