Prime Protocol logo — Decentralized prime brokerage of the future. Deposit on any...

Prime Protocol

Decentralized prime brokerage of the future. Deposit on any chain, borrow on all chains with Prime.

Founded 2021 United States United States 4 employees Pre-Seed Total: $2.75M Blockchain, Financial Services +1

General Information

Company Name Prime Protocol
Founded Year 2021
Location United States United States
Employees 4
Industries Blockchain, Financial Services, Information Technology
Funding Stage Pre-Seed
Social

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About Prime Protocol

Prime Protocol is a decentralized prime brokerage offering a unique value proposition in the blockchain and financial services industry. Founded in 2021 and headquartered in the United States, the startup aims to revolutionize the DeFi space by providing a platform where users can unlock the value of their DeFi positions across multiple chains. The company's slogan, "Decentralized prime brokerage of the future. Deposit on any chain, borrow on all chains with Prime," underscores its commitment to innovation and inclusivity within the blockchain ecosystem.

The recent $2.75M Pre Seed Round investment on 17th March 2022 from prominent investors including Arrington XRP Capital, Frameworks Ventures, and Soar Capital demonstrates a strong vote of confidence in Prime Protocol's vision and potential. This funding is expected to propel the startup towards achieving its ambitious goals and solidifying its position as a key player in the rapidly evolving DeFi landscape.

Prime Protocol's ability to attract substantial investment and its positioning within high-growth industries such as blockchain, financial services, and information technology make it a compelling venture for potential investors seeking exposure to disruptive innovation and emerging technologies. As the startup continues to expand its offerings and influence within the market, it presents an intriguing opportunity for venture capital firms and individual investors looking to participate in the blockchain revolution.

With the backing of reputable investors and a clear focus on addressing unmet needs in the DeFi space, Prime Protocol appears poised to make a significant impact and carve out a distinctive niche in the evolving landscape of decentralized finance.

Taxonomy: DeFi, Decentralized Finance, Prime Brokerage, Cryptocurrency, Digital Assets, Multi-chain, Borrowing, Lending, Portfolio Management

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $2.75M 3
Arrington XRP Capital, Frameworks Ventures +1
17 Mar 2022

Prime Protocol Alternatives & Competitors

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Prime Protocol vs

Earn with your crypto, take control. Koryntia: Redefining finance through decentralized lending.

Pre-Seed
6 employees
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Prime Protocol vs
MELD
MELD Cayman Islands

🔴 The blockchain you can bank on. Built for speed with permanently low fees, empowered by DeFi.

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Prime Protocol vs

Sustainable Decentralized Finance protocol. Borrowing, Lending, Structured products.

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FAQ About Prime Protocol

Decentralized prime brokerage of the future. Deposit on any chain, borrow on all chains with Prime.
Prime Protocol was founded in 2021.
Prime Protocol is headquartered in United States.
Prime Protocol operates in Blockchain, Financial Services and Information Technology. Its work centres on DeFi, Decentralized Finance, Prime Brokerage and Cryptocurrency.
Prime Protocol has approximately 4 employees.
Prime Protocol has completed 1 funding round, raising a total of $2.75M. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Prime Protocol include Koryntia 🟪 📈 (V2 Soon ⏳), MELD, Hubble Protocol, Genesis, Liqwid Labs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Prime Protocol and Koryntia 🟪 📈 (V2 Soon ⏳) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Prime Protocol, https://bouncewatch.com/company/prime-protocol, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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