SecondSwap has completed a $1.20 million seed round of financing, with participation from GSR and others.

According to Deep Tide TechFlow, on December 2, it was officially announced that the liquidity solution SecondSwap has completed a $1.20 million seed round of financing, with participation from GSR, Animoca Ventures, E4 Capital, Yellow Capital, BCW Group, HGEN DAO, ARC Community, Nonco, and Libra Capital. The funds will primarily be used to expand SecondSwap's market functionalities.

SecondSwap provides an automated over-the-counter trading market for assets with low liquidity. It supports token diversification, risk management, and transparent trading through smart contracts. Currently, it is undergoing testing on the Ethereum network and plans to expand across multiple chains. SecondSwap's mainnet is set to launch in January 2025.