Friktion

Company announcement/crypto

Friktion launches institutional credit product for DeFi market

Friktion Institutional, a new division focused on scaling Friktion’s product suite to both crypto-native and traditional institutions, has officially launched its first credit product - Friktion Institutional Credit, unlocking access to more diversified sources of sustainable yields in DeFi.

07 November 2022

Company announcement/crypto

Solana portfolio and risk manager Friktion announces capital raise of $5.5m

Friktion Labs is excited to announce a capital raise of $5.5 million from Jump Crypto, DeFiance Capital, Pillar VC, Libertus Capital, Delphi Ventures, Sino Global Capital, Tribe Capital, Castle Island Ventures, Dialectic, Petrock Capital, Solana Ventures. Alongside, Friktion has brought on board a group of industry-leading derivatives traders and market makers in Genesis Trading, Alameda Research, LedgerPrime, QCP Capital, CMS Holdings, Orthogonal Trading, and GSR.

14 January 2022