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Neptune Protocol provides cryptocurrency borrowing services that let users access liquidity without selling assets.
Neptune Protocol is a US-based platform for borrowing against cryptocurrency in blockchain ecosystems such as Ethereum. Founded by David Mass and Meir Bank, it raised USD 3.9 million in seed funding in December 2024 from Bloccelerate VC, CMS Holdings, LLC, Veil Capital, Builder Capital, Infinity Venture, Relayer Capital Management, Optic Capital, Stake Capital, Wise3 Ventures, RockTree Capital, Maelstrom, and Animoca Ventures. The company plans to support the launch of USDN, Eclipse's native stablecoin.
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