Decentralized derivatives protocol Symmio completes $3.1 million in financing, with Spartan Group and others participating

Decentralized derivatives protocol Symmio announced that it has completed $3.1 million in financing, of which Spartan Group, Orbs, MCLB and Blockchain Founders Fund and other investment institutions have invested about $2.1 million in it. MS2 Capital, GMoney and Prime Ventures are early investors in the company. Symmio is an intention-centric derivatives liquidation layer that aims to solve the liquidity and fragmentation problems of DeFi. It currently supports four networks: Arbitrum, Base, BSC and Mantle. The project revealed that it plans to launch a token TGE on December 16 to launch tokens on the Base blockchain. Initial liquidity will be provided through the SYMM/ETH trading pair on Aerodrome Finance. (PR Newswire)