Liquidity solution SecondSwap completes $1.2 million seed round financing, with participation from Animoca Ventures and others

according to official sources, the liquidity solution SecondSwap has announced the completion of a $1.2 million seed round financing, with participation from GSR, Animoca Ventures, E4 Capital, Yellow Capital, BCW Group, HGEN DAO, ARC Community, Nonco, and Libra Capital. The funds will primarily be used to expand SecondSwap's market capabilities.

It is reported that SecondSwap provides an automated over-the-counter trading market for assets with low liquidity. It supports token diversification, risk management, and transparent trading through smart contracts. Currently, it is in the test network on Ethereum and plans to expand across multiple chains. The mainnet of SecondSwap is set to launch in January 2025.