Thetanuts Finance Closed $18 Million Seed Round Led by Three Arrows Capital and others

TokenInsight news, Thetanuts Finance, a crypto derivatives platform, closed an $18 million seed round led by Three Arrows Capital, Deribit, QCP Capital and Jump Crypto. The funds raised will be used for the build-out of what it’s labeling as “innovative DeFi structured products” and to “supercharge” the development of Thetanut’s crypto derivatives ecosystem. It is said that Thetanuts offers structured products that accept tokens from 11 chains as collateral while in turn providing users access to risk-adjusted yield opportunities in new options markets across multiple blockchains.