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Panoptic Raises $4.5M

ByLouis Adams

Dec 7, 2022
Reading time: < 1 minute

Panoptic, a project specializing in perpetual options trading solutions, has just completed a fundraising in which it has raised $4.5 million in seed funding.

The round, which was led by Gumi Cryptos Capital, has also seen the participation of Uniswap Labs Ventures, Coinbase Ventures, Jane Street and Avalanche Foundation’s Blizzard Fund.

The project was founded in July 2022 by Jesper Christensen, former head of research at Advanced Blockchain AG, and Guillaume Lambert, professor of applied physics at Cornell University.

The first version of the platform will be based on Uniswap’s automatic market maker mechanism (AMM).