Company

Scallop.io

Scallop.io provides an asset management and money market platform for DeFi users.

About

Founded in 2021 and based in Tortola, British Virgin Islands, Scallop.io operates a money market platform on the Sui blockchain. It offers lending and staking tools, a software development kit, transaction-building tools, and the $SCA token. Co-founded by Kris Lai (CEO) and Donnie Chen (CTO), the company raised USD 3 million in March 2024, co-led by CMS Holdings and 6th Man Ventures, with participation from Kucoin Labs, Blockchain Founders Fund, Oak Grove Ventures, Side Door Ventures, UOB Venture Management, Signum Capital, Cypher Capital, Mysten Labs, Kyros Ventures, Criterion VC, 8186 Capital, 7UpDao, LBank Labs, ViaBTC Capital, Cetus Protocol, AC Capital, and Zellic.

1Funding rounds

11Investors

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