Arken Finance secures new investment from Arche Fund, expand and strengthen protocols
We are thrilled to announce that Arken Finance and Arche Fund have forged an investment agreement. This strategic investment is poised to reinforce Arken’s foundational infrastructure, playing a pivotal role in advancing the widespread adoption of Web3 technologies.
Arche Fund, established by seasoned investors and builders possessing a profound comprehension of the Web3 landscape, is dedicated to supporting groundbreaking projects such as Cube.exchange, Magic Eden, Merit Circle, TraderJOE, GuildFi, Ancient8, Impossible Finance, Saros, and other projects molding a decentralized world’s future.
As a trustworthy cornerstone for Web3 Builders, Arche Fund goes beyond offering value-added
programs, equipping partners with essential tools, resources, and networks. By fueling their progressive vision, we empower our partners to bring their goals to life. This wealth of expertise and expansive network they bring will prove invaluable to Arken Finance as we persist in recognizing and championing promising Web3 initiatives.
Besides this exciting news, there is another significant leap forward for Arken Finance with our strategic migration of liquidity and bridged tokens on Viction.
In the upcoming year, spanning from 2024 to 2025, Arken is bound for greatness following this strategic investment. Throughout the recent bear market, Arken remained steadfast in our commitment to advancing technology and diversifying its business ventures. With the acquired funds, we are set to strengthen the Arken team, aiming to be the lead of both the spot market and derivatives market. Our unwavering dedication to enhancing the user experience on the blockchain continues, ensuring a seamless and frictionless journey, a principle upheld since the inception of Arken. Brace yourselves for exciting updates and news on Arken’s evolving product lineup!
Stay tuned to discover the future of DeFi and endless possibilities with Arken.
About Arche Fund
Arche Fund, formerly Coin98 Ventures, is an early-stage venture capital firm dedicated to supporting bold founders building the future of open internet. Arche Fund provides Web3 startups with early financial backing and building know-how, strategic advisories, vital resources, and extensive networks to reach their full potential.
About Arken Finance
Arken Finance is the Abstraction Layer for DeFi Protocols & User Experience. Arken helps abstract the complexity and unified liquidity and protocols to accelerate software development, making it easier for developers to build and create. On the user side, Arken provides the best user experience abstraction into a single user-friendly system over multiple networks, thousands of protocols, and millions of liquidity pools to make the transition to DeFi easy and painless.
