According to Foresight News, QuantAMM, a provider of on-chain asset management infrastructure, has successfully raised $1.85 million in a pre-seed funding round. The round saw participation from 8VC, Mako, Marshland Capital, and 369 Capital, along with TradFi and DeFi angel investors.
QuantAMM has plans to launch its V1 and Layer2 solutions on the Ethereum mainnet in the second quarter. The company's product range includes blockchain transaction funds (BTF) category, which allows native DeFi users in the region to use. It also offers solutions tailored to the token volume of family office portfolios and institutional assets.