Blockchain prediction layer Azuro raises $11M after pre-launch funding round

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Azuro, the leading liquidity layer for onchain predictions, is excited to announce the successful closure of its pre-launch funding round, increasing the total capital raised to $11M

, the leading liquidity layer for onchain predictions, is excited to announce the successful closure of its pre-launch funding round, increasing the total capital raised to $11M. This round was championed by an impressive lineup of investors including SevenX Ventures, Fenbushi Capital, Arrington Capital, Polymorphic Capital, Red Beard Ventures, Dewhales, and G1 Ventures.

Azuro stands at the forefront of on-chain prediction market innovation, offering a decentralized platform that empowers the creation of diverse applications, integrations, and products. At its core, Azuro's innovative Liquidity Pool design, the Liquidity Tree, offers unparalleled market liquidity, supporting thousands of sports markets and other games, all tied together as part of the Azuro ecosystem.

The infusion of funds from this round will be strategically deployed to further accelerate ecosystem development during this critical phase of expansion and to intensify marketing efforts, solidifying Azuro's position as a leader in the decentralized prediction market space. “We're truly thankful for the incredible trust and support our investors have shown in Azuro. This round of funding arrives just as we're about to hit some major milestones in our journey, including the much-anticipated launch of our $AZUR token, which is at the heart of what we're building. With this new capital injection, we will bring Azuro even closer to our big goal: making prediction markets clearer and more open to everyone.

 

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