Crypto startup Rooba Finance has raised $1.3 million in its seed round led by Inflection Point Ventures. LetsVenture, Endurance Capital, KubeVC and other angel investors.
The funds will be utilised towards Platform Development, setting up a licensed platform overseas and to enable a global GTM.
Rooba helps institutions, Family Offices, HNI’s, Hedge Funds to securely custody their digital assets through a threshold multi party computation based custody network, and create trade strategies with a wide range of Defi apps, Layer 1 protocols, derivatives, all from the convenience of a single dashboard.
The platform also allows institutions to tokenize physical assets to enable efficient and transparent markets, extending into what would be the first digital commodities and derivatives exchange coming out of India.
