Affine DeFi's mission is to expand economic opportunity for everyone by pioneering innovative solutions in the DeFi sector. Founded in 2021, Affine offers products targeting liquid restaking and yield generation, with a particular focus on simplifying user experiences via layer2 blockchains.
Their flagship offering, Affine ultraETH, is a liquid restaking token designed to enhance Ethereum's security across decentralized services. Additionally, Affine Earn aims to streamline DeFi processes for broader user adoption. Despite being relatively new, the company has already garnered support from high-profile investors such as Jump, Hack VC, Coinbase, and Circle.
Affine DeFi has successfully raised $5.10M in a Seed Round on February 23, 2023, with contributions from a notable group of investors, including Coinbase Ventures, Circle Ventures, Hack VC, and Jump Crypto. Positioned within the Crypto, Internet, and Web3 industries, Affine DeFi is poised for substantial impact and growth in the evolving digital finance landscape.