Umee is a cross chain DeFi hub that allows decentralized interactions between different blockchain networks.

Umee develops decentralized finance tools that provide liquidity across blockchains.

Umee was founded in 2021 by Brent Xu. The company is headquartered in New York.

 

Umee connects users to create lending and borrowing positions, move capital across chains, discover new yield opportunities and explore DeFi applications intersecting networks in a seamless and trustless manner.

 

Umee's ecosystem will expand to support multiple blockchain bridging infrastructures to enable connection between different networks.

 

Umee's offering was the largest number of registrants in the history of CoinList sales, reaching more than 900,000 and selling out in an hour. An additional 64,000 token holders have been added to the Umee blockchain as a result of the sale.

 

Umee is backed by Alameda Research, Polychain, Coinbase, ConsenSys, Tendermint, CMS, Ideo Colab, Brian Kelly Capital Management, Argonautic Ventures, and others. The company raised an additional $32M through a Coinlist sale of its native UMEE tokens on Dec 30, 2021. This brings Umee's total funding to $38.3M to date.

 

 

 

  • Year founded: 2021
  • Funding Info: $38.3M over 2 Rounds (Latest Funding Type: Private Token Sale)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: New York
  • State: New York
  • Country: United States
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