Stablecoin Liquidity Services LLC provides decentralized finance tools built around the Multi-Collateral Dai stablecoin.
Founded in 2014 in Santa Cruz, US, Stablecoin Liquidity Services LLC has raised USD 27.5 mn in total, with its latest deal on December 19, 2019, co-led by Dragonfly Capital and Paradigm. Founder Rune Christensen has a background in fintech. Its MakerDAO platform issues Dai, a dollar-pegged stablecoin, against crypto collateral on Ethereum, and earns stability fees paid in MKR tokens. The company plans to use the funds to expand into Asian markets.
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