Nibiru Chain develops a proof-of-stake blockchain with decentralized trading, staking, and liquidity applications.
Founded in 2022 and based in California, Nibiru Chain develops a blockchain platform for decentralized applications. Its proof-of-stake network supports derivatives and spot trading, staking, and bonded liquidity, allowing users of over 40 blockchains to trade with leverage. Co-founders are Arjun Sethi, Sankha Banerjee, and Boris Revsin. In April 2023, it raised USD 8.5 million in seed funding led by Republic Capital and Tribe Capital, with participation from NGC Ventures, Original Capital, Acacia Digital, Alves Ventures, Basis Set Ventures, BECO Capital, Broadhaven Capital Partners, CapitalX, Cerulean Ventures, Cogitent Ventures, Cosmostation, HashKey Capital, Helikon Investments, Imperatore Travel World, Lecca Group, Meteorcap Ventures, SaxeCap, The Picks & Shovels Co., Token Metrics Advisers, VC3 DAO, and other unspecified investors.
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