prePO Raises $2.1M in Strategic Round
prePO is thrilled to announce a $2.1M USD Strategic Round led by Republic Capital and IOSG Ventures.
prePO - a decentralized exchange for synthetic exposure to private markets - is thrilled to announce a $2.1M USD Strategic Round led by Republic Capital and IOSG Ventures, with participation from Possible Ventures, DCV Capital, Shima Capital, HoneyDAO, Caballeros Capital, MEXC Global, AscendEX, Berggruen Holdings, NeptuneDAO, Dexterity Capital, NxGen Capital, Re7 Capital, and Global Coin Research.
Angel investors across crypto also participated in the round, including Stefan George (Gnosis), Anton Bukov (1inch), Derek Yoo (Moonbeam), Nodar Janashia (Zapper, DeFrag), Mitchell Amador (Immunefi), Rudy Lee (Zepeto), Hilmar Maximilian Orth (Gelato), Tristan Frizza (Zeta), Harrison Hines (Fleek), Tyler Scott Ward (BarnBridge, Universe.xyz, FIAT DAO, EnterDAO, LeagueDAO), Danijel (Thales), Alex Smirnov (deBridge), Yaroslav Artyukh (deBridge), Ben Lakoff (Charged Particles), Kyle Lu (Dapp.com), Auryn MacMillan (Gnosis), Andra Nicolau (1inch), Gorazd Ocvirk (ENSO), Ryan Chow (Solv), Wanseob Lim (Zkopru), Jonah Weinstein, and Charlie Songhurst.
“We’re proud to be investing in prePO because we’re strongly aligned with the mission to democratize private investing. We believe prePO's approach to synthetic pre-public assets is a game changer for those who have not been able to participate in the private markets before.”
- Brian Johnson, Head of Crypto at Republic Capital
prePO's backers, across both this round and last year's $1.1M Seed Round, will provide invaluable industry expertise, long-term support, and partnership opportunities, accelerating prePO in its mission to democratize pre-public equity.
The fresh capital will be used to strengthen the core product, bootstrap liquidity for the initial markets, grow the community, and scale the core team (we're hiring and offering up to $10k for successful referrals!).
“We're excited to be supporting prePO's vision of revolutionizing private market access. prePO's breakthrough design ensures that adequate liquidity exists for speculation, and that liquidity providers are risk-limited and rewarded meaningfully."
- Ray Xiao, Principal at IOSG Ventures
The launch of the PPO token (prePO's governance and utility token) is slated for Q2 2022, followed shortly by a guarded platform launch on Arbitrum.
The prePO Token Sale Whitelist is currently open for a limited time, and those who register will be eligible for bonus rewards during the token sale.
prePO is a decentralized trading platform allowing anyone to gain synthetic exposure to any pre-IPO company or pre-token crypto project.
prePO’s mission is to democratize pre-public investing - transforming a world of financial exclusion into a world of permissionless access.