Prime Protocol is a decentralized multiple blockchain prime brokerage that allows users to borrow against the value of their entire portfolio of assets. They offer an overcollateralized stablecoin, $PUSD that allows to borrow against the value of the entire portfolio across all blockchains. Prime Protocol competes with other top blockchain finance stores such as Youhodler, Cake DeFi and The Defiant.
Their website https://www.primeprotocol.xyz/ provides more information about their products and services.
Their website https://www.primeprotocol.xyz/ provides more information about their products and services.
Location: United States, Tennessee, Franklin
Total raised: $2.75M
Founders name: Colton C.
Investors 2
| Date | Name | Website |
| - | Canonical ... | canonical.... |
| - | Arrington ... | arringtonc... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 17.03.2022 | Pre-Seed | $2.75M | Framework ... |
Persons 4
| Date | First Name | Last Name | Title | Location | |||
| - | Tyler | Galaskas | Social Med... | linkedin.c... | - | t***r@prim... | - |
| - | Noah H. | B. | Blockchain... | linkedin.c... | - | n**h@prime... | - |
| - | Colton | C. | Founder an... | linkedin.c... | - | c****n@pri... | - |
| - | Marcin | Pawel | Head of Ec... | linkedin.c... | - | m****n@pri... | - |
Mentions in press and media 4
| Date | Title | Description |
| 09.05.2023 | Prime Protocol Launches First Natively Cross-Chain Prime Brokerage: Unlocks Multichain DeFi Liquidity and Eliminates Token Bridges and Wrapped Assets | With bridges being a major security weak point in the world of DeFi, the ability to circumvent them is a game changer for many. These focused leaps in innovation are what will drive mass adoption to Web3 in 2023 and beyond. SINGAPORE (PRWEB... |
| 30.06.2022 | Prime Protocol Announces Cross-Chain Connected Application on Moonbeam | I believe we are at the beginning of a big shift in how DeFi protocols are built to handle multichain requirements in a unified way. Prime is a leading example of this shift. BOSTON (PRWEB) June 30, 2022 Prime Protocol has announced its upc... |
| 09.06.2022 | Axelar создает крепкую экосистему | Компания Axelar продолжает собирать вокруг себя сильнейших сторонников, чтобы объединить усилия во всех возможных аспектах и достойно встретить следующий миллион пользователей в web3. Сегодня, мы просто обязаны обсудить успехи команды на эт... |
| - | Prime Protocol | “Prime Protocol - Cross Chain Prime Brokerage ” |