Aperture Finance Secures Series A Funding at a $250M Fully Diluted Valuation to Build Intent-based Architecture for DeFi

Aperture Finance, a decentralized finance (DeFi) platform, has recently secured Series A funding at a $250 million fully diluted valuation. The funding round, totaling $12 million, was led by prominent venture capital firms such as Skyland Ventures, Blockchain Founders Fund, and Krypital Group, with participation from notable investors including Alchemy, SNZ, and Tide.

The platform, known for pioneering AI-powered intents, is set to release its native platform token, $APTR, on May 31, 2024. Aperture Finance aims to revolutionize the DeFi landscape by introducing Intent-based Architecture, a novel approach that simplifies complex DeFi operations. This innovative system allows users to specify their desired outcomes, streamlining interactions with DeFi protocols and enhancing accessibility.

With a decentralized network of solvers and a focus on user-friendly interfaces, Aperture Finance is bridging the gap between sophisticated financial strategies and everyday DeFi users. The platform is already live on 9 EVM-compatible chains, processing a transaction volume exceeding $2.7 billion with over 280,000 unique users and 15,000 daily active users.

“We are committed to reducing the learning curve in DeFi and providing more strategic options for our users,” said Peter Tan, Head of Product at Aperture Finance. “Our goal is to offer the same level of execution and pricing typically reserved for large institutions, making DeFi more inclusive and effective.”

The new funding will support the development of Aperture’s Intents infrastructure, expand its solver network, and enhance the user experience with the forthcoming Large Language Model (LLM) integration. This investment underscores the growing confidence in Aperture Finance’s potential to transform the DeFi landscape.

Following a successful airdrop campaign with participation from over 300,000 users, Aperture Finance will launch its $APTR token on Bybit on May 31, 2024. The platform’s innovative approach and commitment to user accessibility position it as a key player in the evolving DeFi space.
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