BENQi: A cross-chain defi on Avalanche, bridging Ethereum, Polkadot, and Binance Smart Chain.
Location
Newark, NJ, US
Founded
2021
Benqi Finance focuses on creating a cross-chain DeFi protocol built on the Avalanche network. The firm aims to bridge Ethereum, Polkadot, and Binance Smart Chain through Avalanche's subnets, facilitating lending, borrowing, and liquid staking services. Benqi Finance operates at various stages of investment, though specific investment sizes are not detailed.
Notable portfolio companies include Dexalot, which has raised $7 million. Benqi Finance's key partners or decision-makers are not specified, but the firm emphasizes combining elements of DeFi and traditional finance (tradfi) to enhance liquidity protocols. Unique value-add services include their Ignite program and comprehensive documentation support for users.
Benqi Finance - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies1
Current Portfolio Count1
Top Investment Stages
Series A1 (100.0%)
Stage Mix
Series A 100%
Concentration shown as share of disclosed investments by stage.
